Goldwind’s profit tumbles as China sales start to deflate
The leading wind turbine maker’s profit fell 83% in the second half of last year, as revenue from its core China market started to contract Key Takeaways: Goldwind’s revenue growth…
FAST NEWS: Datang Renewable’s power generation jumps 25% in first quarter
The latest: China Datang Corp. Renewable Power Co. Ltd. (1798.HK) announced on Thursday its overall power generation in March was 3.08 million megawatt hours (MWh), up 8.99% from the same…
FAST NEWS: Xinjiang Goldwind’s Profits Plummet, Sending Shares to New Low
The latest: Wind power equipment maker Xinjiang Goldwind Science & Technology Co. Ltd. (2208.HK; 002202.SZ) said Wednesday its net profit plunged 63% year-on-year to 445 million yuan ($62 million) in…
China Transmission Swings to Loss after Shifting Business Gears
China High Speed Transmission has logged a first-half loss and a revenue decline, hit by falling prices of wind power equipment and by the impact of the Covid pandemic. However,…
China High Speed Transmission Faces Profit Lull as Core Wind Power Business Slows
Company reported record revenue last year, but the sharp gains were undercut by a decline in its core net profit Key Takeaways: China High Speed Transmission’s core wind power and…
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