Ming Yang achieves major growth in the first half

During the first two quarters of the year, preliminary figures show earnings growth in the range of 111-143%.
Photo: Mingyang Smart Energy
Photo: Mingyang Smart Energy
BY MARKETWIRE, TRANSLATED BY CHRISTOFFER ØSTERGAARD

Chinese turbine manufacturer Ming Yang Smart Energy’s preliminary figures show major growth in the first half of the year, writes Bloomberg News.

During the first two quarters of the year, the figures show earnings growth in the range of 111-143% – corresponding to CNY 2.2-2.53bn (EUR 325-373.9m).

Thursday, the Chinese company also announced a plan to raise around USD 550m from a listing on the London stock exchange.

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