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What is CS WIND 1Q21 Financial Results Summary about?
CS Wind reported a 33.7% year-on-year increase in sales revenue to KRW242.1bn and a 94.2% rise in operating income to KRW31.6bn for 1Q21, driven by cost reductions and improved production efficiency. The global market for wind energy is projected to grow significantly, with various countries implementing green initiatives and infrastructure demands. The company aims for a sales revenue target of KRW1.1tn and an order target of $850m for 2021.
- Author
- Phan Quan
- Language
- EN