China Recycling Energy Corporation (Nasdaq:CREG) announced results for the three months and six months ended June 30, 2011. Highlights: System sales was $11.34 million and contingent rental income was $0.58 million for the six months ended June 30, 2011. Net income grew 16.6% to $8.257 million as compared to $7.67 million for the first six months of 2010. Interest income on sales-type leases increased by 65% over 2010 comparable periods.Fully diluted EPS of $0.16, as compared to $0.15 for the first six months of 2010. China Recycling Energy Corporation provides energy saving and recycling products and services in the People's Republic of China
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(CREG, PARD, CRWE, CRYP) Stock Updates by DoubleInStocks.com
August 17th, 2011 at 12:05 pm