Zhi Tong Cai Jing·2025-08-25 01:50Core Viewpoint - Goldwind Technology (金风科技) reported significant growth in its mid-year 2025 performance, with a notable increase in revenue and profit, reflecting strong demand in the wind power sector [1] Financial Performance - The company achieved a revenue of RMB 28.494 billion, representing a year-on-year increase of 41.46% [1] - Shareholder profit reached RMB 1.488 billion, up 7.26% year-on-year, with earnings per share at RMB 0.34 [1] - Sales revenue from wind turbines and components amounted to RMB 21.852 billion, a substantial increase of 71.15%, accounting for 76.69% of total revenue [1] Sales and Capacity - For the first half of 2025, the company reported an external sales capacity of 10,641.44 MW, marking a year-on-year growth of 106.60% [1] - The trend towards larger wind turbine units is accelerating, with sales of turbines of 6MW and above increasing by 187.01% [1] Profitability and Margins - The gross margin for the wind turbine and component sales segment improved significantly to 7.97%, a recovery of 4.22 percentage points year-on-year [1] - The manufacturing segment's gross margin recovery is expected to be reflected in both domestic and overseas projects, with overseas manufacturing revenue accounting for approximately 31% of total revenue, consistent with the previous year [1] - The wind turbine and component sales division achieved its first positive total profit since 2022, driven by the substantial recovery in gross margins [1]