11:50 AM EST - NaiKun Wind Energy Group Inc. : reported that its fiscal 2008 net loss widened to $16.19 million from $5.07 million last year. Loss per share widened to $0.44 from $0.25 prior year.The company said it had $27.94 million in cash and cash equivalents as of September 30, 2008. NaiKun Wind Energy Group Inc.
shares V.NKW are trading down $0.04 at $0.50.
