After six months, many listed companies release the semi-annual preview report 2015. Risen Energy Co., Ltd just released semi-annual report on 7th July.
In the notice, we know that the performance for Risen Energy is expected to rise compared with the same period in last year from 1st January to 30th June, in which the net profit for shareholders rises from 360.19% to 452.23% compared with the same period in last year and the profit is from 100 million RMB to 120 million RMB. It is predicted that the impact amount of non-recurring profit and loss on net profit is 5.68 million RMB, which was caused by the profits and losses on the changes in fair value and government subsidies. The new profit is about 94.32 to 114.32 million RMB without non-recurring profit and loss. The PV products sales increased substantially compared with the same period in the last year.
2015 is a key year for the Risen Energy's new undertaking and PV industry is an important part of Chinese strategic emerging industries. PV generation has many unique advantages such as safe, reliability, free-pollution, free-agriculture, free resource constraints and others. Risen Energy responses to the country call, follow the market trends and improve the conversion efficiency and capacity of PV products from R&D and other fields. It makes an unshakable foundation for the following work.
The details will be disclosed in the Risen Energy’s semi-annual report 2015.
Semi-annual preview report: http://www.cninfo.com.cn/finalpage/2015-07-07/1201251766.PDF