Brief: Xinyi Solar Posts HY Profit Attributable HK$1,406.5 Mln Vs Hk$952.7 Mln

Xinyi Solar Holdings

03/08/2020 09:46

Aug 3 (Reuters) - Xinyi Solar Holdings Ltd  0968.HK :
    * XINYI SOLAR HOLDINGS LTD- HY PROFIT ATTRIBUTABLE HK$
1,406.5
MILLION VERSUS HK$952.7 MILLION
    * XINYI SOLAR HOLDINGS- DECLARE AN INTERIM DIVIDEND OF 8.5
HK
CENTS PER SHARE
    * XINYI SOLAR HOLDINGS LTD- HY REVENUE HK$4,622.9MLN VERSUS
HK$3,997 MILLION
    * XINYI SOLAR- SUPPLY CHAIN DISRUPTIONS, CONSTRUCTION DELAYS
GIVE
RISE TO LOWER PROJECTION ON CURRENT YEAR'S PV INSTALLATIONS THAN
PREVIOUSLY EXPECTED
    * XINYI SOLAR - DIVERSIFICATION AND EXPANSION OF PV
INSTALLATION
ACROSS GLOBE EXPECTED TO CONTINUE
    * XINYI SOLAR- GROUP'S FIRST LOW-IRON SILICON SAND MINE IN
GUANGXI
IS EXPECTED TO BEGIN OPERATION IN SEPTEMBER
    * XINYI SOLAR- CONSIDERING IMPACT OF COVID-19 IN 1H2020,
GROUP
STILL AIMS TO MAINTAIN ANNUAL INSTALLATION TARGET OF ADDING NEW
CAPACITY OF 600MW IN 2020

Source text for Eikon:  ID:nHKS6pwg6Q 
Further company coverage:  0968.HK 

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