Spi Energy Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
November 25, 2020 at 04:09 pm EST
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SPI Energy Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was USD 56.364 million compared to USD 49.727 million a year ago. Operating income was USD 3.435 million compared to operating loss of USD 6.478 million a year ago. Net income was USD 2.662 million compared to net loss of USD 7.848 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to basic loss per share from continuing operations of USD 0.7 a year ago.
SPI Energy Co., Ltd. is a renewable energy company and provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. The Companyâs segments include Renewable energy solutions and PV stations constructions and operations. The Company develops solar PV projects which are either sold to third party operators or owned and operated by the Company for selling electricity to the grid in multiple countries in Asia, North America and Europe. In Australia, the Company primarily sells solar PV components to retail customers and solar project developers. It is also engaged in roofing and solar energy systems installation and assembling solar modules. The Companyâs subsidiaries include SolarJuice Co., Ltd, Solar Juice Pty Ltd., Solarjuice American Inc., Sloar4america Technology Inc., Italsolar S.r.l., SPI Solar Japan G.K., Solar Power Inc UK Service Limited, SPI Solar Inc., Heliostixio S.A., Heliohrisi S.A., and others.
SPI ENERGY CO., LTD. 
