China Ming Yang Wind Power (MY) Posts Improved Q2 Results

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Go back to China Ming Yang Wind Power (MY) Posts Improved Q2 Results

MY Reports Second Quarter 2015 Unaudited Results

August 18, 2015 8:09 AM EDT

ZHONGSHAN, China, Aug. 18, 2015 /PRNewswire/ -- China Ming Yang Wind Power Group Limited (NYSE: MY) ("Ming Yang" or the "Company"), a leading wind energy solution provider in China, today announced its unaudited financial results for the quarter ended June 30, 2015.

Second Quarter 2015 Operating and Financial Highlights:

Total revenue was RMB1,563.2 million (US$252.1 million), compared to RMB935.6 million in the second quarter of 2014, at the top end of the guidance of RMB1.4 billion to RMB1.6 billion. Gross profit was RMB245.9 million (US$39.7 million), compared to RMB123.5 million in the second... More