{
Goldwind Science&Technology Co., Ltd.

Companies

}

goldwind reports record profit growth amid declining production costs

Goldwind Science & Technology Co., the largest wind-turbine manufacturer globally, reported a remarkable profit surge in the third quarter, with net income reaching 405.3 million yuan ($56.9 million), a 43-fold increase from the previous year. Revenue also saw a significant rise, growing 52% year-on-year to 15.6 billion yuan, driven by reduced production costs and China's aggressive expansion of clean energy initiatives.
bloomberg.com
Chinese Yuan Goldwind Science&Technology Co., Ltd. CHN
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13:16 25.10.2024
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