Brief: Xinte Energy Posts FY Net Profit Attributable Of RMB13,395.47 Million

Xinte Energy

01/03/2023 13:48

March 1 (Reuters) - Xinte Energy Co Ltd  1799.HK :
    * FOR YEAR OPERATING REVENUE AMOUNTED TO RMB37,541.11
MILLION
INCREASE OF 66.68%
    * BOARD DID NOT RECOMMEND DECLARATION OF A FINAL DIVIDEND
FOR YEAR
ENDED 31 DECEMBER 2022
    * FOR YEAR GROUP'S NET PROFIT ATTRIBUTABLE RMB13,395.47
MILLION
REPRESENTING AN INCREASE OF 170.33%
    * IN 2023, GROUP PLANS TO ACHIEVE POLYSILICON PRODUCTION OF
230,000 TO 240,000 TONS
    * TOTAL INVESTMENT OF 200,000-TON POLYSILICON PROJECT IN
ZHUNDONG
IS EXPECTED TO BE RMB17.6 BILLION
    * BY END OF 2023, GROUP AIMS TO ACHIEVE INSTALLED CAPACITY
OF
3.5-4 GW FOR WIND POWER AND PV POWER PLANTS
    * PLANS TO REALIZE INSTALLED CAPACITY OF 2-3GW FOR WIND
POWER AND
PV POWER PLANT IN 2023 (NOT BY END OF 2023)

Further company coverage:  1799.HK 

 ((Reuters.Briefs@thomsonreuters.com;))