YOUNG’S CHINA BUSINESS BLOG: Earnings: Trina Firmly In Black, Weibo Stuck In Red

                   YOUNG’S CHINA BUSINESS BLOG

                                                   DAILY NEWSLETTER

                                                      May 26, 2014

Earnings: Trina Firmly In Black, Weibo Stuck In Red

Investors were clearly focused on the bottom line in the newly released earnings for solar panel maker Trina (NYSE: TSL) and leading microblogging site Weibo (Nasdaq: WB), which are both trying hard to show they can post consistent profits on a long-term basis. For Trina the news was strong, as the company posted its third consecutive quarterly profit after several years of losses during a prolonged sector downturn. The prognosis was less stellar for Weibo, which posted a loss for the period even though the figure showed positive trends.

News Digest: May 24-26  : Huawei, ZTE, China Mobile, Xunlei, Mogujie, BYD,