Chint Electrics Logs 1.96 Billion Yuan in Q1 Electricity Revenue
Zhejiang Chint Electrics (SHA:601877) reported 1.96 billion yuan in electricity revenue in the first quarter.Installed capacity was 27.8 gigawatts for photovoltaic power stations, according to a filing with the Shanghai bourse.Installed capacity of household distributed photovoltaic power stations is 25.0 gigawatts, representing significant growth compared with the same period last year.Shares of the company declined 3% in recent trade.