China Recycling Energy (CREG) Reports Q1 EPS of $0.05
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China Recycling Energy Corporation Reports First Quarter 2015 Financial Results
May 14, 2015 7:40 AM EDTXI'AN, China, May 14, 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 unaudited financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Financial Highlights
Interest income on sales-type leases increased 3.0% to US$6.49 million from US$6.31 million for the first quarter of 2014. Total revenues, including sales of systems, contingent rental income and interest income on sales-type leases, increased 2.8% to US$6.67 million from US$6.48 million for the first quarter of 2014. Operating expenses decreased... More