Goldwind delivered better than expected 156% YoY recurring net profit growth (excluding one offs and wind farm disposal) to Rmb1.0bn in H125 from Rmb402mn in H124, implying 140% YoY net profit growth in Q225 to Rmb 510mn from Rmb212mn in Q224 per out estimation. The solid results were mainly driven by strong turbine business performance with robust volume growth (+107% YoY) and gross margin recovery (+4.2ppt to 8%) led by exports in H125. Order intake stay solid across both domestic and overseas markets. RE ...

Adani Group’s wind turbine manufacturing division has won orders for 304 megawatts of capacity from India this month, and is aiming to supply clean-energy generating machines to power producers globally https://t.co/4NuiqShSM6 ...

China’s Goldwind Science & Technology, the world’s largest wind-turbine maker, saw shares jump the most in four years as strong domestic demand boosted its profits https://t.co/E6TrvHiMkt ...