China 2020 annual performance forecast show Wind power sales revenue increase
Wind power sales revenue realized the estimated net profit attributable to shareholders of listed companies of about 320 million yuan, which will increase by about 266 million yuan compared with the same period last year (statutory disclosure data), an increase of about 494% year-on-year; compared with the same period last year (retroactive adjustment) After that, it will increase by about 230 million yuan, an increase of about 255% year-to-year.
The announcement shows that the performance forecast period: January 1, 2020 to December 31, 2020. The company’s net profit attributable to shareholders of listed companies in 2020 is expected to be about 180 million yuan, an increase of about 847 million yuan compared with the same period last year (statutory disclosure data); compared with the same period last year (retroactively adjusted data), it will increase by about 811 million yuan.
In the same period last year: the net profit attributable to shareholders of listed companies was 54 million yuan; the net profit attributable to shareholders of listed companies deducted non-recurrent gains and losses of 6007 million yuan.
The main reason for the increase in performance in this period is the impact of the main business: Affected by the node connection policy, the company’s wind power sector sales revenue in 2020 increased significantly compared with the same period last year.
At the same time, the company promotes the upgrading of the product structure of the wind power sector and optimizes the production capacity layout and customer structure. In 2020, the operating profit of the company’s wind power sector increased significantly compared with the same period last year.
Wind power sales revenue expected to go higher next 10 years as many countries planning to start new wind farms such as Egypt, Spain, UK, Jordan and Morocco which will lead to increase wind power sales revenue as a factor affecting wind companies also local electricity companies such as Germany company Siemens which already started a big project in Egypt Zafarana zone (Red Sea).