Yingli
reported
an
operating
loss
of
$405m
(2.52bn
yuan)
for
2012,
against
revenues
of
$1.83bn,
underscoring
the
striking
profitability
gap
that
remains
for
even
the
industry’s
strongest
and
most
well
known
manufacturers.
By
comparison,
Trina
Solar,
which
reported
its
2012
earnings
last
week,
swallowed
an
operating
loss
of
$264.9m
last
year
against
revenues
of
$1.3bn.
Many
analysts
remain
cautious
about
the
global
PV
market
in
2013,
given
ongoing
political
and
economic
headwinds
in
key
European
markets,
and
the
expanding
global
trade
war.
But
Yingli
chief
executive
Liansheng
Miao
expressed
strong…