Yingli Green Energy Holding Company Limited (YGE) is down near 10% after the company late yesterday reported Q22012 net loss of RMB 573.0 million (US$90.2 million), or RMB 3.66(US$0.58) per share, compared to a net income of RMB 375.6 million.Revenues were RMB 3,103.5 million (US$488.5 million), compared tothe US$489.4 million estimate.
In the same period last year, revenues were RMB 4,398.8million.
The company also updated its full year 2012 outlook and revisedits PV module shipment target to be in the estimated range of 2,100MW to 2,200 MW, which represents an increase of 30.9% to 37.2% yearover year, compared to its previously provided guidance of a morethan 50% increase in shipments year over year.
YGE trades in a 52-week range of $1.50 - $6.57. Shares havefallen 74% in the last 12 months.
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