Published: 31 August 2018 31 August 2018
In accordance with China GAAP, during the first six months of 2018, Golwind’s revenue was RMB 11,030 million, rising12.10% YoY. Net profits attributable to owners of the parent company were RMB 1,530 million, rising 35.05% YoY. Basic earnings per share for the first half of 2018 was RMB 0.42, rising 36.15% YoY. During the Reporting Period, the Company’s profitability continued to increase significantly with its net margin increased by 2.4 percent points to 13.9%.
For the six months ended 30 June 2018, Goldwind had 2,094MW of WTG sales, an increase of 11.71% YoY. The Group’s revenue from the sales of WTGs and components was RMB 8,013 million, representing an increase of 9.80% YoY.
Revenue generated from wind farm investment and development business was RMB 2,019 million, representing an increase of 21.62% YoY. As of 30 June 2018, Goldwind’s attributable connected wind power capacity was 4,033MW; attributable under-construction capacity was 3,053MW.
The Company’s WTG backlog continued to increase in the first half in 2018. As of 30 June 2018, the Company’s signed backlog totalled 10.8GW; successful bid totalled 6.7GW. Total external backlog reached 17.5GW.