PVTIME – On April 11, TBEA Co., Ltd.(600089.SH) released its annual performance report for the year of 2021, that the operating income in 2021 was approximately 61.278 billion yuan, a year-on-year increase of 37.4%. The net profit attributable to shareholders of the listed company was approximately 7.255 billion yuan , a year-on-year increase of 196.34%. The basic earnings per share was 1.8813 yuan, an increase of 224.19%. Meanwhile, TBEA intends to distribute a cash dividend of RMB 5.8 (tax included) for every 10 shares.
On the same day, it announced that TBEA Xinjiang New Energy Co., Ltd., a holding company of TBEA, plans to invest in a 150MW solar plant in Wuwei City, Gansu Province, China, with a total investment of 618 million yuan.
The new PV plant is located in the 5GW solar base at the edge of the Tengger Desert in Wuwei City, where enjoys solar radiation of 1702.9kWh/m2 annually, equivalents to 1676.49h of utilization hours, which is expected to reach an average annual power generation of 264.6386 GW·h, saving 86,800 MT of standard coal every year.
The new Wuwei Solar plant is expected to reduce carbon dioxide emission and pollution to protect the ecological environment as well as contribute sustainable profit to the company in a way of coordinated development of resources, environment and economy.
 released its annual performance report for the year of 2021, that the operating income in 2021 was approximately 61.278 billion yuan, a year-on-year…){kind=link}