China Recycling Energy (CREG) Reports Q4 EPS of $0.06

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China Recycling Energy Corporation Reports Fourth Quarter and Full Year 2014 Financial Results

March 23, 2015 8:15 AM EDT

XI'AN, China, March 23, 2015 /PRNewswire/ -- China Recycling Energy Corp. (NASDAQ: CREG) ("CREG" or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced its financial results for the fourth quarter and full year ended December 31, 2014.

Fourth Quarter 2014 Unaudited Financial Highlights

Interest income on sales-type leases increased 24.9% to US$6.98 million from US$5.59 million for the fourth quarter of 2013. Total sales were US$0.12 million, compared with US$13.20 million for the fourth quarter of 2013 as no power generation system was completed... More