Yulong Eco-Materials Limited announced audited consolidated earnings results for the full year ended June 30, 2015. For the period, the company reported total revenues of $46,230,384 against $44,456,436 a year ago. The revenue increase was primarily the result of greater customer demand for the company's fly-ash bricks, higher selling prices for concrete, as well as new revenue contributed by the recycling business which commenced operation in April 2015.

Income from operations was $12,858,452 against $15,216,468 a year ago. Income before income taxes was $11,577,590 against $13,951,321 a year ago. Net income was $8,679,571 or $1.08 per basic and diluted share against $10,692,174 or $1.34 per basic and diluted share a year ago.

The reduction in year-over-year net income was mainly the result of an increase in general and administrative (G&A) expenses.