Yingli Green Energy Holding Co. has announced its second quarter financial results for the fiscal year 2010-11.

Yingli Green Energy Holding Co. is the leading solar cell maker of China. The company has informed that it has posted a significant amount of net profit in the second quarter of the ongoing financial year.

Moreover, it has said that it has registered a reasonable hike in the revenue from sales of the photovoltaic modules of the firm. Yingli has earned 217.8 million renminbi i.e. $32.1 million or 1.46 renminbi or 21 cents per American depositary share in the quarter under review.

For the similar quarter in the previous year, the company has suffered a loss. It was recorded 393.7 million renminbi or 3.03 renminbi per ADS in the second quarter of the last financial year.

The revenue of the company has gone up to2.70 billion renminbi i.e. $398.1 million during the April-June quarter of fiscal year 2010-11. It was recorded 1.50 billion renminbi for the same April-June quarter in the preceding fiscal year.