Gushan Environmental Energy Reports Q4 EPS of $(0.37) vs. $(0.46)

Gushan Environmental Energy Limited

today announced its unaudited consolidated financial results for the fourth quarter. Total revenues increased by 223.9% year-to-year and by 463.4% quarter-on-quarter to RMB233.9 million (US$35.4 million). Non-GAAP net loss attributable to the Company amounted to RMB40.0 million (US$6.1 million), compared to a non-GAAP net loss of RMB87.7 million for the fourth quarter of 2009 and a non-GAAP net loss of RMB55.7 million for the third quarter of 2010. Non-GAAP net loss attributable to the Company per ADS - Diluted $(0.37)