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Mingyang Smart Energy reports H1 revenue of 8.3bn yuan
Updated: 2020-08-27    Source: Zhongshan Daily Large Medium Small Print

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Mingyang Smart Energy recently disclosed its semi-annual report, with double growth in operating revenue and net profit.

The company's operating revenue reached 8.32 billion yuan in the first half, with an increase of 107.24% from last year. The net profit attributable to shareholders of listed companies was 530 million yuan, an increase of 58.95% from last year.

In the first half the year, Mingyang Smart Energy's external sales capacity of fans reached 2023MW, with an increase of 141% from last year. Revenue from power generation reached 478.5864 million yuan, with an increase of about 12% from last year.

In addition, the company's first MySE5.2MW-166 unit was successfully hoisted in Dabancheng District, Urumqi, Xinjiang Uyghur Autonomous Region, making it the largest single-unit wind turbine assembled in Asia.

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