Goldwind boosts earnings but continues to be dependent on China

Chinese wind turbine manufacturer Goldwind increased revenue in H1 by 12.1 percent relative to the same period last year, landing at CNY 10.96 billion.

Photo: Goldwind

Chinese wind turbine manufacturer Goldwind experienced a boost in both revenue and net earnings in the first half year, shows the company's report.

Over the period, Goldwind increased revenue by 12.1 percent on a yearly basis to CNY 10.96 billion (EUR 1.38 billion), while wind turbine production growth was at 10 percent, arriving at CNY 7.99 billion.

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