MY Reports First Quarter 2015 Unaudited Results
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China Ming Yang Wind Power's (MY) Q1 EPS Slips to RMB0.32
May 27, 2015 7:59 AM EDTChina Ming Yang Wind Power (NYSE: MY) reported Q1 EPS of RMB0.32, versus RMB1.51 reported last year. Revenue for the quarter came in at RMB1.34 billion, versus RMB1.22 billion reported last year.
For the quarter ended March 31, 2015, total wind turbine generators ("WTGs") for which revenue was recognized amounted to an equivalent wind power project output of 406MW, or 100 units of 1.5MW WTGs and 128 units of 2.0MW WTGs.
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