HUTCHINSON, Kan. — Siemens Gamesa reported Tuesday its net income for the fiscal year 2019 doubled from the previous year to $155 million. The company also said it will reduce its white-collar headcount by up to 600 over the next two years as it focuses on sustaining profitable growth.

The world’s No. 1 wind turbine maker also reported that revenue for the year increased 12.1% from last year to $11.3 billion.

The order backlog at Siemens Gamesa rose 12% year-on-year as its order intake grew by 7.4%. Looking ahead, the company noted that the adverse factors affecting the wind industry will persist in the short term, despite solid future prospects, according to a release from the company.

For the fourth quarter, net profit increased to $58 million, compared with $27.6 million for the same period last year. Revenue for the quarter rose to $3.2 billion.

Siemens Gamesa employs about 300 workers in Hutchinson and produces five different turbines and components for renovating existing wind farms.