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Canadian News
China Wind Power Q2 Loss Widens - Quick Facts
11/27/2009 2:50 PM ET
(RTTNews) -
China Wind Power International Corp. (CNW.V: News ) posted second-quarter net loss of C$2.7 million, wider than C$0.3 million in the same quarter last year. The company reported second-quarter loss per share of C$0.057.
The larger net loss was attributable to expenses stemming from the Company's public listing activities; share-based compensation; and an increase in wages and salary as both the Chief Executive Officer and Senior Vice President started to earn salary after the Company listed on the TSX Venture exchange in August of 2009.
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by RTT Staff Writer
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