Galata Wind Enerji A.s.BIST: GWIND

GWIND: Net profit fell 54% year-over-year as Galata Wind expanded renewables and approved a major dividend

· Issued by Galata Wind Enerji A.s.

Revenue and net profit declined year-over-year due to lower sales and higher costs, but operating cash flow improved. The company expanded its renewable portfolio with new hybrid and international projects, and approved a significant dividend payout.

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