GCL New Energy Holdings Limited Provides Earnings Guidance for the Interim Period Ended June 30, 2017; Reports Operating Results for the Interim Period Ended June 30, 2017
The company reported operating results for the interim period ended June 30, 2017. The company announced that according to the company's preliminary operating statistics, the aggregate installed capacity in China and overseas on consolidated basis reached approximately 5,049 megawatts (MW) as at 30 June 2017 (30 June 2016 of approximately 2,680 MW), representing a year-on-year growth of approximately 88.4%. Grid-connected capacity in China and overseas on consolidated basis increased by approximately 94.8%, from approximately 2,127 MW as at 30 June 2016 to approximately 4,143 MW as at 30 June 2017, and the total electricity sales volume sold by the
Group for the period ended 30 June 2017 (2017 Interim Period') amounted to approximately 2,355 million kilowatt-hours (kWh), a significant rise of approximately
106.6% compared to 1,140 million kWh for the period ended 30 June 2016 (Last Interim Period).