Friday, China Energy Recovery Inc. (CGYV.OB) said its third-quarter net loss was $117,006 compared with a net income of $244,856 in the prior year period. The company reported a break even per share in comparison with a profit of $0.01 per share last year. Revenues for the quarter decreased to $6.06 million from $6.12 million in the year-ago period.
Net loss for the nine months ended September 30 was $746,108 or $0.02 per share versus a net income of $809,088 or $0.03 per share, in the same period last year. Revenues for the period declined to $14.94 million from $15.98 million in the earlier period.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.