China Recycling Energy (CREG) Reports Q3 EPS of $0.04

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China Recycling Energy Corporation Reports Third Quarter 2015 Financial Results

November 16, 2015 7:06 AM EST

XI'AN, China, Nov. 16, 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 third quarter ended September 30, 2015.

Third Quarter 2015 Financial Highlights:

Total revenues, including sales of systems, contingent rental income and interest income on sales-type leases, decreased 29.32% to US$5.17 million from US$7.31 million for the third quarter of 2014. Operating expenses decreased 36.52% year-over-year to US$543,078. Net income attributable to... More