China Recycling Energy Corporation Reports Results for the Full Year 2018
Smart Powerr Corp. (CREG)
US:NASDAQ Investor Relations:
creg-cn.com/en
Company Research
Source: GlobeNewswire
XI'AN, China, April 15, 2019 (GLOBE NEWSWIRE) -- China Recycling Energy Corporation. (Nasdaq: CREG) (“CREG” or “the Company”), a leading industrial waste-to-energy solution provider in China, today reported certain highlights of its audited operating results for the full year ended December 31, 2018. Full Year 2018 Financial Highlights: Cash and cash equivalent were $53.22 million at December 31, 2018, an increase of $3.39 million compared to $49.83 million cash and cash equivalents at December 31, 2017. Net sales were $0.49 million, a decrease of 24.68% compared to the prior year. Interest income on sales-type leases was $3.31 million, a decrease of 49.89% compared to the prior year. Total operating income was $8.20 million, a decrease of 37.40% compared to the prior year. Total operating expenses were $66.19 million, an increase of 807.54% compared to the prior year. The increase was mainly due to an increase in bad debt expense of $30.4
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CREG
News
- Smart Powerr Corp. (NASDAQ: CREG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Smart Powerr Corp. (NASDAQ: CREG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Smart Powerr Corp. (NASDAQ: CREG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Smart Powerr Corp. (NASDAQ: CREG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Smart Powerr Corp. (NASDAQ: CREG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
CREG
Sec Filings
- 4/11/24 - Form 10-K
- 4/1/24 - Form NT
- CREG's page on the SEC website