Ming Yang said it sold 802 wind turbines with a total capacity of 1.203GW, an increase of 428% over the amount in 2009. Its revenues increased 370% to RM5.5bn ($836m), while the company made a net profit of RMB690m, compared to a loss of RMB223m in 2009.
“While pricing across the industry continues to be challenging, we worked hard to reduce costs and successfully increased our gross margin to 22.3%
