On 10th June 2009, our Company Announces FY2008 Results.
The financial crisis swept across the world in 2008. However, despite facing drastic changes the Group adopted a very prudent business strategy and kept focus on its core wind power business. The Group managed to achieve profit growth and strong cash flow notwithstanding the challenging macro-environment. The wind power business recorded consolidated revenue of HK$379,389,000, representing an increase of 75% from last year. Cash and cash equivalents were HK$745,061,000, representing an increase of 122.1% from last year. The Group’s net assets value amounted to HK$2,484,570,000 representing an increase of 27% from last year. Profit attributable to equity holders of company was HK$116,766,000, representing an increase of 17% as compared with last year. The Group had invested in 12 wind power plants with aggregate capacity of 565.5MW, of which 286MW is attributable to the Group.
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