Sunpower Group, the China-based heat transfer technology specialist, recorded a 59.9% y-o-y increase in net profit attributable to shareholders to RMB64.2 million ($13.2 million) for the full year ended 31 December 2009 (FY2009).
The group attributed the strong growth to improved margins in the contracts delivered and more stringent internal controls in FY2009. In FY2009, the group says it successfully delivered contracts to prominent customers such as Shenhua Group, GCL-Poly Energy Holdings, Hyundai Steel and China Bao Steel.
