China Reform Culture Holdings Co., Ltd. Provides Earnings Guidance for the Year 2019
January 19, 2020
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China Reform Culture Holdings Co., Ltd. provided earnings guidance for the year 2019. The company predicts that the net profit belonging to shareholders of the listed company of 2019 will be about RMB 119,000,000 with a decrease of about RMB 424,100,000 compared with the same period of the year before, with a year-on-year decrease of about 78%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 143,000,000, with an increase of about RMB 7,370,000 and an increase of about 5.4% compared with the same period of the year before.
China Reform Culture Holdings Co Ltd, formerly Shanghai 3F New Materials Co Ltd, is a China-based company mainly engaged in cultural and educational businesses. The Company operates two main businesses. The culture and education business focuses on investment and construction, financial services, operation and maintenance in the education informatization field. The vocational education business focuses on the field of integration of production and education, uses digital technology to create training laboratory products and provides supporting services, and provides colleges and universities with practical teaching solutions that synchronize with industrial development.