Brief: Xinyi Solar Says HY Revenue HK$12,141.9 Mln

Xinyi Solar Holdings

31/07/2023 11:41

July 31 (Reuters) - Xinyi Solar Holdings Ltd  0968.HK :
    * HY REVENUE HK$12,141.9 MILLION VERSUS HK$9,697.5 MILLION
    * HY PROFIT ATTRIBUTABLE HK$ 1,391.5 MILLION VERSUS
HK$1,904.6
MILLION
    * RESOLVED TO DECLARE AN INTERIM DIVIDEND OF 7.5 HK CENTS
PER
SHARE
    * PLANS TO ADD SEVEN NEW SOLAR GLASS PRODUCTION LINES WITH A
DAILY
MELTING CAPACITY OF 1,000 TONNES EACH
    * ADDITION OF 7 NEW SOLAR GLASS PRODUCTION LINES TO INCREASE
TOTAL
SOLAR GLASS DAILY MELTING CAPACITY TO 26,800 TONNES AT 2023-END
    * ALSO ACTIVELY SEEKING OPPORTUNITIES TO EXPAND ITS OVERSEAS
PRODUCTION CAPACITY
    * PLANNING TO ADD 3 NEW SOLAR GLASS PRODUCTION LINES WITH
DAILY
MELTING CAPACITY OF 1,000 TONNES EACH IN CHINA IN FIRST HALF OF
2024
    * WILL FURTHER EXPLORE DEVELOPMENT OPPORTUNITIES IN
DIFFERENT PRC
REGIONS
    * CONFIDENT IT WILL MEET OR EVEN EXCEED YEAR INSTALLATION
TARGET
OF 500MW TO 800MW
    * CAUTIOUSLY OPTIMISTIC ABOUT GROUP'S BUSINESS PROSPECTS

Further company coverage:  0968.HK 

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