Yingli Green Energy Holding Company Ltd. on Tuesday reported a first-quarter loss of $55 million, or 341.76 million yuan, compared with a loss of 611.78 million yuan in the same quarter last year. Adjusted earnings also narrowed, with profit per share coming in at 35 cents for the first quarter, or 2.18 yuan, compared with a loss of 3.91 yuan in the year-ago period. The photovoltaic manufacturer said it expects shipments to pick up in the coming quarters and it is confident it'll meet the shipment guidance of 4.0 gigawatt to 4.2 gigawatt for fiscal 2014.

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