Xinjiang Goldwind Science & Technology (02208) said its preliminary net profits attributable to the shareholders of the parent company for the year 2016 rose 5.39% year-on-year to Rmb3,003 million.
Basic earnings per share were Rmb1.0841.
Total operating revenues amounted to Rmb26,396 million, a decrease of 12.2% from a year earlier.
Goldwind said the results are mainly due to implementation of lean management and value management, profitability continued to improve over the reporting period. In addition, the Group's installed wind farm capacity increased year-over-year resulting in higher electricity sales.