Home » Business » Sunway Energy Soars More Than 11% in Single Week on Energy Shortage Concept Shares | Anue tycoon-Taiwan stock news

Sunway Energy Soars More Than 11% in Single Week on Energy Shortage Concept Shares | Anue tycoon-Taiwan stock news

Sunway Energy (6806-TW) benefited from the energy shortage concept stock theme, this Friday (2) the stock price skyrocketed the daily limit and closed at the daily limit price of 70.2 yuan, a weekly increase of 11 .96%.

TSMC (2330-TW)(TSM-USA) President Liu Deyin recently revealed his concerns about Taiwan Power and suggested that the government worry about whether there will be enough electricity in five years and focus on domestic electricity demand; Liu Deyin’s remarks on the domestic energy shortage also triggered a group of power concept shares to express their views.

Senwei said that in the past, the company’s strategy was to sell power plants to get a huge one-time income. In the future, it will get stable income through the sale of autonomous power plants. Next year, with the injection of wind energy business, substantial growth is expected.

Sunway’s cumulative revenue in the first 10 months was 2.984 billion yuan, an increase of 34.75% year on year. Net income after tax in the first three quarters was 116 million yuan, an annual increase of 62.45%, and net earnings per share was 0.61 yuan.

Sunway Energy K line daily chart


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