Zhejiang Windey Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 05:18 pm IST
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Zhejiang Windey Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,025.453 million compared to CNY 678.857 million a year ago. Operating income was CNY 5.441 million compared to CNY 12.220 million a year ago. Net income was CNY 4.163 million compared to CNY 9.116 million a year ago. Basic earnings per share from continuing operations was CNY 0.0142 compared to CNY 0.0413 a year ago.
Windey Energy Technology Group Co Ltd, formerly Zhejiang Windey Co Ltd, is a China-based company mainly engaged in the research and development, production and sales of wind turbines. The Company is also engaged in the investment and operation of new energy power stations. At the same time, the Company cultivates smart service businesses and expands energy storage, new energy engineering project contracting (EPC) services, grid-connected products and services, new energy digital products, and comprehensive energy. services and other diversified businesses. The Company's products mainly include onshore and offshore wind turbines, new energy power station power generation, smart services, energy storage, new energy project EPC and others.