Synex International Inc. Third Quarter of Fiscal 2021
Company or
Synex ) is pleased to announce its financial and operational results for the three months ended March 31, 2021 ( Q3 2021 ).
Revenue for Q3 2021 increased to $1,058,954 from $1,049,390 in Q3 2020
. Electricity sales from Q3 2021 were $1,031,486 compared with $1,022,392 in the three months ended March 31, 2020 (
Q3 2020 ), which is an increase of $9,094. The increase in revenue for Q3 2021 was mainly due to higher power sales with respect to the Mears, Cypress and Barr hydroelectric plants.
The net income attributable to shareholders of the Company in Q3 2021 was $264,476 as compared to net income of $216,740 in Q3 2020. The net income per share in Q3 2021 was $0.01 as compared to an income of $0.01 in Q3 2020.