Xinjiang Goldwind Science & Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 31, 2020 at 08:45 am EDT
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Xinjiang Goldwind Science & Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 38,244.553 million compared to CNY 28,730.607 million a year ago. Operating income was CNY 2,571.403 million compared to CNY 3,718.423 million a year ago. Net income was CNY 2,209.853 million compared to CNY 3,216.603 million a year ago. Basic earnings per share from continuing operations was CNY 0.512 compared to CNY 0.8233 a year ago.
Goldwind Science & Technology Co Ltd, formerly Xinjiang Goldwind Science & Technology Co Ltd, is a China-based company that provides overall solutions for wind turbines, wind power services and wind farm development. The Company operates its businesses through four segments. The Wind Turbine Manufacturing and Sales segment is mainly engaged in the research and development, manufacturing and sales of wind turbines and their parts. The Wind Power Service segment mainly provides wind power-related consultants, wind farm construction and maintenance and transportation services. The Wind Farm Development segment is mainly engaged in the development and operation of wind farms. Other segment is mainly engaged in financial leasing and water treatment development and operation business. The Company conducts its businesses both in the domestic market and overseas markets.