Polaris solar PV net news: shunfeng power today announced that as of June 30, 2014, the unaudited condensed consolidated interim results for the 6 months. Its revenues of 2.946 billion yuan, 416 million, up 608.2% from a year earlier. Gross profit of 750 million during the period, 51.1 million increase from a year earlier to 1367.7%. Recorded a net profit of 503.9 million yuan during the period, compared with 672.7 million net loss has dramatically improved, successful turnaround.
As of June 30, 2014, the Group has a total generating capacity of solar power stations to about 185.798GWh, about 60% from the solar power station in Xinjiang region July monthly output of about 64.825GWh, 8.5% increased over the June; in addition to its annual capacity is expected to 1.757GW, of whom 876 megawatts has started construction.
In addition, its first half of 2014 solar manufacturing business volume reached 750.9 MW in 2013, representing a rise of 332.5%. Sales to Chinese customers of the group accounted for revenue of about 69.3%, about 85.2% in the same period last year. Shunfeng photovoltaic and Zhang Yi President expected in 2014 will reach 2.2 gigawatt solar cell capacity, the solar module capacity will reach 2.4 GW, in addition, shunfeng photovoltaic proposed to be name from “shunfeng photovoltaic International Limited” changed to “wind for clean energy co., Ltd.”
Original title: shunfeng photovoltaic explosive comeback in the first half: earnings up 6 times times gross profit up 13.7 times times