Spi Energy Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 29, 2021 at 09:27 am
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SPI Energy Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 138.628 million compared to USD 97.883 million a year ago. Operating income was USD 91,000 compared to operating loss of USD 19.171 million a year ago. Net loss was USD 6.515 million compared to USD 15.258 million a year ago. Basic loss per share was USD 0.4 compared to USD 1.2 a year ago.
SPI Energy Co., Ltd. is a renewable energy company and provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. The Companyâs segments include Renewable energy solutions and PV stations constructions and operations. The Company develops solar PV projects which are either sold to third party operators or owned and operated by the Company for selling electricity to the grid in multiple countries in Asia, North America and Europe. In Australia, the Company primarily sells solar PV components to retail customers and solar project developers. It is also engaged in roofing and solar energy systems installation and assembling solar modules. The Companyâs subsidiaries include SolarJuice Co., Ltd, Solar Juice Pty Ltd., Solarjuice American Inc., Sloar4america Technology Inc., Italsolar S.r.l., SPI Solar Japan G.K., Solar Power Inc UK Service Limited, SPI Solar Inc., Heliostixio S.A., Heliohrisi S.A., and others.