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Xinjiang Goldwind Science & Technology (Goldwind) has announced its preliminary results for the year ended December 31. Based on a preliminary assessment of the unaudited accounts of the company its financial performance has reached a record high. The Company’s annual newly installed capacity also achieved a record high to over 7GW.

Goldwind was the world’s largest wind equipment manufacturer for the first time ever in 2015, according to preliminary ranking published by FTI Intelligence. During the year ended December 31, 2015, revenue from operations increased 69.80% to RMB 30,062.10 million, operating profit increased 48.66% to RMB 3,050.88 million, net profit attributable to shareholders of the company increased 55.74% to RMB 2,849.50 million, and basic earnings per share increased 54.96% to RMB 1.0522 per share, compared with full-year 2014. Total assets increased 14.95% to RMB 52,622.61 million, compared with full-year 2014. This was mainly due to the strong demand of the wind industry market in 2015 resulting in an increase in wind turbine sales. In addition, the group’s installed wind farm capacity increased year-over-year resulting in higher electricity sales.

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