Yingli Green Energy Holding Company Limited, the world's largest vertically integrated photovoltaic manufacturer which markets its products under the brand "Yingli Solar," announced its preliminary financial results for the quarter ended June 30, 2013.
Based upon preliminary data, the Company expects its PV module shipment in the second quarter of 2013 to increase by 23% to 24% from the first quarter of 2013, significantly better than its previous guidance of a low-to-mid teen percent increase. The Company estimates its overall gross margin in the second quarter of 2013 to be in the range of 11% to 12%, which is better than its previous guidance of 9% to 11%.
The Company will schedule a conference call and live webcast to discuss its unaudited financial results for the quarter ended June 30, 2013 at 8:00 AM Eastern Daylight Time (EDT) on August 30, 2013, which corresponds to 8:00 PM Beijing/ Hong Kong time on the same day.
