Goldwind Science&Technology Books Higher Profit in H1

MT Newswires Live08-26

Goldwind Science&Technology (HKG:2208) recorded a profit attributable to owners of 1.39 billion yuan for the six months ended June 30, higher than 1.25 billion yuan logged a year earlier, a Friday filing with the Hong Kong Exchange said.

Earnings per share stood at 0.32 yuan, versus 0.28 yuan per share recorded in the year-ago period.

The wind turbine manufacturer saw a revenue of 20.14 billion yuan for the first half of this year, higher than 18.91 billion yuan booked a year ago, mainly due to an increase in revenue from wind power services, an increase in the sale of power station products, among others.

The company's shares were up nearly 9% on Monday's close.

Price (HKD): $4.46, Change: $+0.35, Percent Change: +8.52%

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