Solareast Holdings Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:08 am
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Solareast Holdings Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,854.45 million compared to CNY 2,359.24 million a year ago. Revenue was CNY 2,854.45 million compared to CNY 2,359.24 million a year ago. Net income was CNY 61.31 million compared to CNY 71.81 million a year ago. Basic earnings per share from continuing operations was CNY 0.0766 compared to CNY 0.0898 a year ago. Diluted earnings per share from continuing operations was CNY 0.0766 compared to CNY 0.0898 a year ago.
Solareast Holdings Co., Ltd., formerly Jiangsu Sunrain Solar Energy Co., Ltd, is a China-based company, principally engaged in the research and development, manufacture and sales of solar stand-alone water heaters. The Company is also engaged in the research and development, manufacture and sales of solar hot water engineering systems, air energy water heaters and water purifiers. The Company distributes its products within domestic market and to overseas markets.