Chongqing Zaisheng Technology Co., Ltd. Provides Preliminary Earnings Guidance for the First Quarter of 2019
April 10, 2019
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Chongqing Zaisheng Technology Co., Ltd. provided preliminary earnings guidance for the first quarter of 2019. For the quarter, according to preliminary statistics of its financial department, the Company predicts that the net profit belonging to shareholders of the listed company in the 1st quarter of 2019 will be between RMB 45,804,100 and RMB 50,804,100 with an increase of between RMB 14 million and RMB 19 million and an increase of between 44% and 60% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the 1st quarter of 2019 will be between 43,034,100 and 48,534,100 with an increase of between RMB 12.5 million and RMB 18 million, an increase of between 41% and 59% compared with the same period of the year before.
Chongqing Zaisheng Technology Co., Ltd. is a China-based company primarily engaged in the research, development, manufacture and sales of microfiber glass wool products and related equipment. The Company primarily provides microfiber glass wool products, glass fiber filter paper, purification equipment, as well as core materials and insulation energy-saving materials. Its products are mainly used in air filtration, refrigerators and freezers industries. It distributes its products within domestic market and to overseas markets.
CHONGQING ZAISHENG TECHNOLOGY CO., LTD. 
