Xinyi Solar (0968) said net profit jumped by 118.4 percent to HK$3.07 billion, a record high.
Revenue increased by 74.7 percent year-on-year to HK$8.07 billion for the six months ended June 30 this year. Revenue from the solar glass business soared by 89.2 percent to HK$6.6 billion, while its solar farm business also grew by 30.1 percent to HK$1.48 billion.
Earnings per share were 34.87 HK cents. The company proposed an interim dividend of 17 HK cents.
Meanwhile, the sister company, Xinyi Energy (3868), also recorded a 41.8 percent rise in half-year net profit at HK$620 million.
The Standard Channel
www.thestandard.com.hk/breaking-news/...ed-to-record-HK$3.07b
Revenue increased by 74.7 percent year-on-year to HK$8.07 billion for the six months ended June 30 this year. Revenue from the solar glass business soared by 89.2 percent to HK$6.6 billion, while its solar farm business also grew by 30.1 percent to HK$1.48 billion.
Earnings per share were 34.87 HK cents. The company proposed an interim dividend of 17 HK cents.
Meanwhile, the sister company, Xinyi Energy (3868), also recorded a 41.8 percent rise in half-year net profit at HK$620 million.
The Standard Channel
www.thestandard.com.hk/breaking-news/...ed-to-record-HK$3.07b