Clenergy Xiamen Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 06:10 am EDT
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Clenergy Xiamen Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 727.520 million compared to CNY 618.210 million a year ago. Operating income was CNY 7.815 million compared to CNY 20.413 million a year ago. Net income was CNY 5.956 million compared to CNY 13.189 million a year ago. Basic earnings per share from continuing operations was CNY 0.0218 compared to CNY 0.0482 a year ago.
Clenergy Technology Co Ltd, formerly Clenergy Xiamen Technology Co Ltd, is a China-based company mainly engaged in the research and development, design, production and sales of smart photovoltaic trackers and other photovoltaic brackets. The Company is also engaged in the development, construction and operation of photovoltaic power plants, and the research and development, production and sales of photovoltaic power electronic products. The Company's independent brand products include photovoltaic smart trackers, fixed ground photovoltaic support systems, adjustable supports, carport supports, distributed roof photovoltaic support systems and other series, as well as the auxiliary products such as photovoltaic power station supporting bridges and combiner boxes.