Goldwind’s profit tumbles as China sales start to deflate
The leading wind turbine maker’s profit fell 83% in the second half of last year, as revenue from its core China market started to contract Key Takeaways: Goldwind’s revenue growth…
FAST NEWS: Goldwind drops ‘Xinjiang’ from company name
The Latest: Wind power equipment maker Xinjiang Goldwind Science & Technology Co. Ltd. (2208.HK; 002202.SZ) announced on Thursday that its shareholders approved a motion to drop “Xinjiang” from its company name. Going…
Breeze may be turning in Goldwind’s favor, but global investors remain cautious
The world’s biggest wind power equipment maker, once China's ‘green rush’ darling, is being abandoned by many of its big-name western investors Key Takeaways: Goldwind’s sales fell 13% in the…
China Transmission Swings to Loss after Shifting Business Gears
China High Speed Transmission has logged a first-half loss and a revenue decline, hit by falling prices of wind power equipment and by the impact of the Covid pandemic. However,…
Goldwind Diversifies with $3 Billion Deep-Sea Wind Power Investment
Leading maker of wind power generation equipment announces major strategic framework agreement with coastal city of Wenzhou Key Takeaways: Xinjiang Goldwind has announced a new tie-up worth nearly $3 billion…
China High Speed Transmission Faces Profit Lull as Core Wind Power Business Slows
Company reported record revenue last year, but the sharp gains were undercut by a decline in its core net profit Key Takeaways: China High Speed Transmission’s core wind power and…
Latest Financials Breathe New Life Into Xinjiang Goldwind’s Shares
Strongly improving margins in third quarter ease concerns about overreliance on big state-owned customers Key Takeaways Xinjiang Goldwind’s third-quarter profit jumped 47% despite an 11% revenue decline, pointing to strongly…
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Goldwind’s profit tumbles as China sales start to deflate
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FAST NEWS: Goldwind drops ‘Xinjiang’ from company name
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