Yingli Green Energy posted net revenues of $371 million USD, an increase of 43.7 percent over the same period in 2008, with a a 29.6 percent gross margin in the fourth quarter of 2009, coming in at the top end of the company’s guidance, according to a news release.
The company recorded a net loss of $6.6 million, a loss of 4 cents per American depositary share, for the quarter and a loss of $67.3 million, or 48 cents per share, for all of 2009.
Yingli Chief Executive Officer Liangsheng Miao said the the company expects to ship between 950 megawatts and 1 GW of PV modules in the coming year.