Jolywood Suzhou Sunwatt Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 25, 2021 at 04:13 am EDT
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Jolywood Suzhou Sunwatt Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,131.242 million compared to CNY 462.365 million a year ago. Operating income was CNY 19.532 million compared to operating loss of CNY 11.806 million a year ago. Net income was CNY 11.862 million compared to net loss of CNY 19.362 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.03 a year ago.
Jolywood (Suzhou) Sunwatt Co.,Ltd. is a China-based company principally engaged in the solar photovoltaic business. The Company operates its business mainly through three segments. The Backsheet segment mainly provides a range of photovoltaic back film products, such as patented fluorocarbon inner coating (FFC) structure, Tedlar Polyester Tedlar (TPT) structure, Tedlar Fluoropolymer Bachsheet (TFB) structure, K-class Fluoropolymer Bachsheet (KFB) structure and primer/polyethylene terephthalate (MLP) structure. The High-efficiency Battery segment mainly provides N-type single crystal bifacial solar cells. The Photovoltaic Application System segment mainly provides distributed photovoltaic power plants, agricultural light complementary power plants and household photovoltaic projects. The Company distributes its products in domestic market and to overseas markets.
JOLYWOOD (SUZHOU) SUNWATT CO., LTD. 
