Jolywood Sunwatt Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 07:44 am
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Jolywood (Suzhou) Sunwatt Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 4,132.72 million compared to CNY 3,621.13 million a year ago. Revenue was CNY 4,132.72 million compared to CNY 3,621.13 million a year ago. Net income was CNY 73.64 million compared to CNY 263.4 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.25 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.25 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.