The troubled Chinese manufacturer recorded a net loss of 171.2 million yuan in the first quarter of 2014, marking a sharp improvement from a year earlier, when it posted a 248.5 million yuan deficit.
However, the Shanghai Stock Exchange (SSE) halted trading of 2.8 billion yuan of Sinovel’s bonds on Wednesday in response to the repeat annual loss. It now has one week to determine whether to maintain the suspension.
Earlier
