Yingli's loss narrows as solar panel price rises

Tuesday, 12 Nov 2013 | 7:42 AM ET

Nov 12 (Reuters) - Yingli Green Energy Holding posted a narrower third-quarter loss as improved selling prices for solar panels and lower costs propped up margins.

Net loss fell sharply to $38.5 million, or 25 cents per American Depositary Share (ADS) in the third quarter, from $161.9 million, or 98 cents per ADS, a year earlier.

Revenue grew nearly 68 percent to $596.3 million.

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