Goldwind Forecasts Profit May Triple on China Wind-Energy Demand
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Xinjiang Goldwind Science & Technology Co., China’s biggest wind-turbine maker, said 2013 profit may triple on increased sales and cost controls.
Net income will increase to as much as 459.2 million yuan ($75 million) from 153.1 million yuan a year earlier, Goldwind said in a filing to the Hong Kong stock exchange yesterday. Third-quarter net income climbed to 95.3 million yuan, compared with a net loss of 33.6 million yuan a year ago, as sales jumped 57 percent to 3.87 billion yuan, Goldwind said.