PEKING (dpa-AFX) - China Recycling Energy Corp. (CREG) reported fourth-quarter net income of $4.5 million or $0.06 per share, down from $5.8 million or $0.12 per share last year.
Excluding items, adjusted net income for the quarter was $23,000 or breakeven per share, compared to $9.3 million or $0.24 per share last year.
Total sales for the quarter decreased to $0.5 million from $31.8 million last year.
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