MY Reports Fourth Quarter and Full Year 2014 Unaudited Results
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China Ming Yang Wind Power (MY) Reports Q4 EPS of RMB0.66
April 7, 2015 8:13 AM EDTChina Ming Yang Wind Power (NYSE: MY) reported Q4 EPS of RMB0.66, versus RMB3.36 reported last year. Revenue for the quarter came in at RMB2 billion, versus RMB541.2 million reported last year.
Total wind turbine generators ("WTGs") commissioned for which revenue was recognized amounted to an equivalent wind power project output of 638.0MW, or 280 units of 1.5MW WTGs and 109 units of 2.0MW WTGs, an increase of 263.5% compared to 175.5MW in Q4 2013.
Business Update
Order Book Update
New Sales Contracts During the fourth quarter of 2014, Ming Yang entered into... More

