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For the nine months ended 31 December 2015, Renewable Energy Asia Group Ltd revenues increased 100% to RMB20.6M. Net loss decreased 58% to RMB6.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Other gains/ (losses) decrease from RMB6M (expense) to RMB4.4M (income), Share of profit of an associate increase from RMB1.1M to RMB4.5M (income).
Period Ending: | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 |
---|---|---|---|---|
Total Revenue | 5.31 | 15.28 | 6.73 | 8.06 |
Gross Profit | 1.24 | 7.43 | 2.53 | 0.83 |
Operating Income | -2.03 | -4.61 | 0.17 | -45.86 |
Net Income | -2.03 | -4.61 | 0.17 | -45.86 |
Period Ending: | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 |
---|---|---|---|---|
Total Assets | 655.1 | 649.84 | 647.35 | 701.79 |
Total Liabilities | 616.6 | 609.31 | 602.05 | 656.66 |
Total Equity | 38.5 | 40.53 | 45.3 | 45.13 |
Period Ending: | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 5.07 | -0.6 | -1 | -39.15 |
Cash From Investing Activities | 45.67 | 49.36 | 49.8 | -153.17 |
Cash From Financing Activities | -53.3 | -50.19 | -50.19 | 194.31 |
Net Change in Cash | -2.55 | -1.42 | -1.39 | 2 |
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