Sustainable Energy Technologies Ltd. Reports Revenue Results for the Fourth Quarter and Full Year Ended September 30, 2011
January 31, 2012 at 11:04 am
Sustainable Energy Technologies Ltd. reported revenue results for the fourth quarter and full year ended September 30, 2011. Revenues for the quarter were $1,004,425 compared to $737,968 in revenues for the same period in 2010. Product sales revenues were negatively impacted in third quarter and fourth quarter by a number of politically driven factors in the Ontario market which was core to the company's strategy for 2011.
For the full year, the company's product sales revenues increased 81% to $3,867,910 compared to $2,120,346 for 2010.