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Sunpower: GI Driven Growth In 1H2018 Revenue & Underlying Net Profit.

15 Aug 2018 11:21

Revenue and EBITDA grew by 70% while underlying net profit rose 25% YoY. Green Investments segment, Five operating projects contributed RMB211.6 million in revenue for the first time, with high EBITDA of RMB60.6 million in 1H2018. With GI on track to generate substantial NPV of cash flows, the Group has taken concrete steps to move closer to its target of having GI contribute the bulk of its underlying value. Manufacturing & Services segment, Revenue in 1H2018 grew 40% YoY to cross RMB 1.0 billion. M&S order book stood at approximately RMB 2.0billion as at end June 2018 after taking into account contract deliveries in 1Q2018...

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Source: ShareInvestor Express