China Ming Yang Wind (MY) is reporting earnings results this morning that missed analyst estimates on the EPS side, but slightly ahead on the revenue side. The company reported an EPS of .13/share (vs estimates for .16/share) on revenues of $299 million (vs estimates for $297 million).
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Here are highlights of comments made by CEO Chuanwei Zhang:
– 28% year over year growth in … Read the rest
China Ming Yang Wind Power (MY) has announced that it signed a cooperation intention agreement with a leading China-based independent power producer for up to 200MW of wind turbines for an offshore wind project in Beibu Gulf area of China. Should the project get off the ground, MY would provide 2.5 and 3MW wind turbines while the other (unnamed) company would be the developer. Construction could begin next year.
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