News Column

China-listed PV Firms Saw H1 Net Hike 658%

August 28, 2014

SHANGHAI, August 28, SinoCast -- Up to 27 of 33 PV companies listing on China's A-share market have issued interim results of 2014, and 15 of 19 wind power companies released interim results.

Wind Info data show that the 27 PV firms recorded CNY 87.67 million net profits attributable to shareholders each on average in the first half, soaring 658% from CNY 15.71 million losses in the period last year. The 15 wind power firms achieved CNY 53.31 million net profits, down 24% from CNY 70.35 million a year ago.

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Source: Sinocast Energy Beat (China)

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