DALLAS, June 11, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring A-Power Energy Generation Systems Ltd. (Nasdaq:APWR). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/APWR
A-Power Energy Generation Systems Ltd. (APWR), through its China-based operating subsidiaries, is the largest provider of distributed power generation systems in China, focusing on energy-efficient and environmentally friendly projects of 25MW to 400MW. The Company focuses on the design, construction and installation of distributed generation (DG) systems in China. GaoKe Energy is the principal operating unit of APWR, contributing over 99% of historical total revenue. It obtains contracts for DG systems and oversees the work associated with the projects as a general contractor. APWR has also entered China's wind power market. It constructed facilities to assemble wind turbines, based on technology licensed from the Company's European partners. In March 2009, the Company entered into an agreement to establish a joint-venture partnership with GE Drivetrain Technologies to produce wind turbine gearboxes in Shenyang.
Message Board Search for APWR: http://www.boardcentral.com/boards/APWR
In the report, the analyst notes:
"APWR has posted higher quarterly profit, boosted by better sales at distributed power generation systems segment, and lifted its full-year outlook on expectations of stronger turbine exports. Revenues are now expected to reach $500 million and net income to reach $60 million this year, as compared to previously announced guidance of $380 million in revenues and $45 million in net income, respectively.
"APWR CEO Jinxiang Lu said: 'We are very excited with our strong revenue growth and solid gross margin expansion in the first quarter. Although the first quarter is typically a slow season in our DG activities in most parts of China due to the winter weather condition, we set new records for both revenue and net income growth in first quarter of 2010...'"
To read the entire report visit: www.microstockprofit.com/lp/APWR
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