The opening pages of the first-half update published on the Hong Kong exchange made all the right noises with the company set to be acquired by a Chinese state-owned entity. But the balance sheet makes for shocking reading.The debt mountain being accumulated by GCL-Poly has been well publicized but, at first glance, the group's project development business appears to be in reasonably good shape, judging by today's first-half figures. GCL in June announced its intent to become a pure play solar manufacturer by selling off its 62.3% stake in the Hong Kong-listed GCL New Energy solar project development ...Den vollständigen Artikel lesen ...
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