Earnings roundup: A-Power Energy, Gilat Satellite
By
Associated Press
August 25, 2008
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Among the earnings stories for Monday, Aug. 25, from AP Financial News:
SIOUX FALLS, S.D. (AP) _ China-based A-Power Energy Generation Systems Ltd. on Monday reported a 4 percent profit increase in the second quarter, spurred by ongoing distributed power generation projects and wind turbine production.
NEW YORK (AP) _ _ Israeli-based Gilat Satellite Networks Ltd., which services satellite-based communications networks, said Monday its second-quarter profit fell on weak results from its Colombian operations.
BEIJING (AP) _ China Unicom Ltd., the country's second-largest mobile phone carrier, reported Monday its first-half profit doubled and said it was close to completing a planned merger with a fixed-line carrier.