Sino Clean Energy, Inc. (OTC:SCLX) has release the financial results for the third quarter of 2009. The company reports a revenues increase of 214.6% at $10.8 million. The adjusted net income increased 132.8% at $2.8 million with an Adjusted EPS of $0.028.
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The first nine months revenues for 2009 were reported to increase at 191.2% at $26.7 million with an adjusted net income increase of 149.5% at $6.3 million and an Adjusted EPS of $0.066. The cash flow from operations was reported at $5.1 million for the first nine months. A 2009 and 2010 guidance was provided by the company expecting $40 million in revenues and $10 million for Net Income.
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