Clean Energy Technologies Announces 2023 First Quarter Financial Results Highlights
COSTA MESA, CA., May 23, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq CETY) (“CETY” or the “Company”), a clean energy manufacturing and services company, offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced the 2023 first quarter financial results.
- COSTA MESA, CA., May 23, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq CETY) (“CETY” or the “Company”), a clean energy manufacturing and services company, offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced the 2023 first quarter financial results.
- Financial and corporate highlights for the first quarter ended March 31, 2023 include the following:
For the quarter ended March 31, 2023, our total revenue was $2,897,007 an increase of 373% compared to the same period in 2022. - For the quarter ended March 31, 2023, stockholder’s equity was $6,001,109 compared to $1,878,196 reported on December 31, 2022.
- During the quarter ending March 31, 2023, our gross profit was $160,569 compared to $514,192 for the same period in 2022.