Naikun Wind Energy Group Inc. Announces Earnings Results for the Six Months Ended March 31, 2016
NaiKun Wind Energy Group Inc. announced earnings results for the six months ended March 31, 2016. For the six months ended March 31, 2016, the company incurred a net loss of $0.4 million or $0.01 per share compared to $0.8 million or $0.02 per share for the six months ended March 31, 2015. The company has reduced cash operating expenditures over the last couple of months to a level that should sustain operations through fiscal 2016.