News Column

Titan Wind Energy H1 Net Up, Bullish on Offshore Wind Power

August 25, 2014

SUZHOU, August 25, SinoCast -- Titan Wind Energy (Suzhou) Co., Ltd. revealed operating revenue of CNY 690 million in the first half of 2014, narrowing 2.37% from a year earlier. Net profit attributable to shareholders reached CNY 102 million, climbing 1.96%. Basic EPS were CNY 0.25, inching up 4.17%.

Although having mediocre performance in the first half of 2014, offshore wind power service is bullish in the second half. The company has made important progress for building 3MW and 5MW offshore wind power towers in Jiangsu Province, east China.

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Source: Sinocast Energy Beat (China)

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