Risen Energy Co., Ltd, predicts quarter 1 net profits at 345 Million RMB. The quarter 1 review of Risen’s performance predicts an anticipated net profit of between 345 and 355 million RMB. Furthermore the review establishes completion of the share transfer on March 31st 2016, with 100% stake for Risen now in place with Shanghai Chaori (Luoyang) Solar Co., Ltd. Luoyang Chaori has been without production since December 2012.
Risen Energy released 2015 annual report on Feb. 23, 2016. It shows that company’s sales revenue reaches 5.26 billion RMB, increased 78.15% compared to the last year. The net income reaches 320 million RMB, increased 381.56% compared to the last year. Moreover, Risen Energy released 2016 Q1 report preview and predicts Risen Energy’s net income can reach 160 million to 170 million RMB.
“PV Triathlon”, Q4 global PV enterprises competitiveness report in 2015, was released by PHOTON Consulting. Risen Energy is the 15th leads in tier1 list.
“Hundreds Companies Charity”, a large-scale noncommercial documentary went to Jiabang, Congjiang, Guizhou on January 23. Risen Energy attended the activity and donated 3000 books for the school in Jiabang.
2015 PV Power Plants Award, which was organized by PVP365, was held in Changzhou, Jiangsu on Jan. 7, 2016. Risen (Ningbo) Electric Power Development Co., Ltd, the subsidiary of Risen Energy Co., Ltd, attended the ceremony and won the excellent service award.