Jolywood Sunwatt Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 08:40 am
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Jolywood (Suzhou) Sunwatt Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 5,758.5 million compared to CNY 5,051.06 million a year ago. Revenue was CNY 5,819.54 million compared to CNY 5,084.95 million a year ago. Net loss was CNY 313.36 million compared to net income of CNY 96.66 million a year ago. Basic loss per share from continuing operations was CNY 0.29 compared to basic earnings per share from continuing operations of CNY 0.09 a year ago. Diluted loss per share from continuing operations was CNY 0.29 compared to diluted earnings per share from continuing operations of CNY 0.09 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.