The module manufacturer told investors it expects to record a net margin of 2.5%-4.5% when it posts results for the first quarter of 2016.
Preliminary figures show it shipped 500-510MW in the quarter, at the top of its guidance range.
Yingli said the preliminary results show a Q1 gross margin between 18.5% and 20.5%.
That marks “a significant increase from the fourth quarter of 2015, which was primarily due to the higher average selling price of the company's PV modules compared to the fourth quarter of 2015".
It
