Brief: Advanced Soltech Subsidiary Signs Orders With Ltd In China

Gigasun AB (publ)

03/06/2022 09:08

June 3 (Reuters) - Advanced SolTech Sweden AB (publ)
 ASAB.ST :
    * ADVANCED SOLTECH SIGNS ORDERS IN CHINA THAT GENERATES
APPROX.
SEK 9.4 MILLION DURING THE CONTRACT PERIOD
    * PROJECT ACHIEVES GOOD PROFITABILITY WITHOUT SUBSIDIES AND
IS IN
ANHUI PROVINCE
    * ADVANCED SOLTECH'S SUBSIDIARY IN CHINA, HAS SIGNED AN
ORDER WITH
LTD, A COMPANY WUHU HANGFU MACHINERY MOLD CO
    * CONSTRUCTION START IS PLANNED FOR Q3 OF 2022
    * ORDER APPLIES TO INSTALLATION OF SOLAR ENERGY PLANT AND IS
ESTIMATED TO GENERATE ANNUAL REVENUES FROM ELECTRICITY SALES OF
APPROX. SEK 0.47 MILLION

Source text for Eikon:  ID:nMFN60DM4t 
Further company coverage:  ASAB.ST 

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