Vmbook Online ordering

Synthetics

Sino Clean Energy Inc (SCEI) is a public company that is principally engaged in the production and distribution of coal-fired, biomass and waste-to-energy boilers and related components in the People's Republic of China. The company's main product lines include industrial and commercial boilers, hot water heaters, and energy-saving products.

As of the most recent financial data, Sino Clean Energy reported revenue of $33.5 million in the year ended December 31, 2019, representing a decrease of 3.3% compared to the previous year. The company's net loss for the year was $16.4 million, or $0.69 per basic and diluted share, compared to a net loss of $15.2 million, or $0.65 per basic and diluted share, for the prior year.

In terms of growth, Sino Clean Energy has faced challenges in recent years due to a slowdown in the Chinese economy and increased competition in the energy industry. However, the company has continued to invest in research and development, with the aim of introducing new and innovative products to the market.

It is important to note that investing in the stock market always carries a certain level of risk, and it is recommended to conduct thorough research and consider seeking advice from a financial advisor before making any investment decisions. Additionally, it is advisable to regularly review a company's financial statements and other publicly available information to stay informed about its performance and prospects.