Yingli Green Energy (YGE) Ups Guidance At Investor Conference

Posted by | # |
09:09:15 am on November 5, 2010

At a Chinese investor conference held earlier in the week, Mr. Zongwei Li, Director and Chief Financial Officer of Yingli

Green Energy, upped the company’s guidance and announced that they have signed 575MW worth of sales contracts.

===> Click Here For Your FREE Yingli Green Energy Analysis

Mr. Li said that he expects Yingli to close on 1000 MW worth of contracts by the end of the year, and that he expects gross margins for 2010 to increase from 28% to 30% to 31% to 32% due to “better than expected average selling price and improving operating efficiency of its new 400 MW production lines.”Rich Text Area

 

Tags: , ,
 
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments  

No comments yet.

Sorry, the comment form is closed at this time.