China New Energy Limited Provides Earnings Guidance for the Year 2018 and 2019
December 17, 2018 at 11:39 am EST
China New Energy Limited expected revenues to continue to grow in 2018 as a result of the recent policy changes in China which have stimulated domestic demand for ethanol production technology and, in turn, the technology and services provided by CNE. 2018 will be third consecutive profitable year.
The outlook for 2019 is for continued growth. A key goal for 2019 is to actively address share price, so the company can use its equity to take advantage of the opportunities in this growing renewable energy market.