Risen Energy Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 03:28 pm
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Risen Energy Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 5,413.97 million compared to CNY 3,854.39 million a year ago. Revenue was CNY 5,413.97 million compared to CNY 3,854.39 million a year ago. Net income was CNY 212.75 million compared to CNY 55.9 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.24 compared to CNY 0.06 a year ago.
RISEN ENERGY CO.,LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of solar energy application products. The Company's main products include solar cell slices, solar cell modules, solar lamps, photovoltaic new materials, photovoltaic power stations, light-emitting diodes (LED) lamps and ethylene-vinyl acetate copolymer (EVA) film, among others. The Company also provides new energy financial services. The Company distributes its products in domestic market and to overseas markets.