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.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.