Jolywood Suzhou Sunwatt Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 18, 2021 at 07:44 am EDT
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Jolywood Suzhou Sunwatt Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,372.756 million compared to CNY 2,033.208 million a year ago. Operating income was CNY 33.762 million compared to CNY 174.424 million a year ago. Net income was CNY 31.083 million compared to CNY 110.478 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.1 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.