Goldwind – the leader in China’s turbine market – delivereda net profit of 427.6m yuan ($68.7m) in 2013, up 179% on 2012’s figure.
The group grew revenues by 8.6% year-on-year to 12.2bn yuan.
Goldwind told investors it added 3.75GW in China last year,giving it a 23.3% share of the 16.1GW installed in its domestic marketduring 2013.
Goldwind embarked on a big cost-cutting and restructuring exercisein 2012 in response to a slowdown in the Chinese market, as well as seeking internationalgrowth, and has reaped the rewards since.
Its
