Yingli Green Energy Q2 Loss Widens - Quick Facts

(RTTNews) - Yingli Green Energy Holding Company Limited (YGE) reported that its net loss attributable to the company for the second-quarter of 2015 widened to RMB 598.1 million or $96.5 million, from RMB 285.2 million in the second quarter of 2014. Loss per ADS was RMB 3.29 or $0.53, wider than RMB 1.64 in the previous year.

On an adjusted non-GAAP basis, net loss attributable to the company was RMB596.9 million or $96.3 million in the first quarter of 2015, compared to a loss of RMB275.0 million in the second quarter of 2014. Adjusted non-GAAP loss per ordinary share and per ADS was RMB3.28 or US$0.0.53 in the second quarter of 2015.

Total net revenues for the quarter were RMB 2.72 billion or $438.08 million, down from RMB 3.42 billion last year.

Analysts polled by Thomson Reuters expected the company to report a loss of $0.22 per share and revenues of $494.62 million for the quarter. Analysts' estimates typically exclude special items.