Xinjiang Goldwind Science & Technology Co provided earnings guidance for the year 2014 and reaffirmed earnings guidance for first half of 2014. The company expects its net profit to surge over 300% year on year to over RMB 1.3 billion. Operation revenue will increase to about RMB 20 billion from RMB 12.3 billion it realized in 2013. Annual output value will grow over 60% this year. The huge growth was mainly due to strong sales of wind turbines and higher incomes derive from wind power generation.

Goldwind earlier expects its net profit for the first half of 2014 to increase between 250% and 300% year on year for 2014.