Clenergy Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 06:26 pm
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Clenergy (Xiamen) Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 267.24 million compared to CNY 203.18 million a year ago. Revenue was CNY 267.24 million compared to CNY 203.18 million a year ago. Net income was CNY 5.95 million compared to CNY 9.87 million a year ago. Basic earnings per share from continuing operations was CNY 0.022 compared to CNY 0.036 a year ago. Diluted earnings per share from continuing operations was CNY 0.022 compared to CNY 0.036 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.