Yingli May Return to Profitability in Second Half, CFO Says

Yingli Green Energy Holding Co., a Chinese solar manufacturer that hasn’t reported net income in almost four years, may return to profitability in the second half, the chief financial officer said.

“We expect that through the second half of this year, the company’s profitability should be increased significantly and close to break-even or slightly profit level,” CFO Yiyu Wang said on a conference call with analysts Friday. The American depositary receipts, each worth one ordinary share, climbed the most in two weeks.