Jiangsu Fengshan Group Co., Ltd. Provides Earnings Guidance for 2019
January 20, 2020
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According to preliminary statistics of its financial department, Jiangsu Fengshan Group Co. Ltd. predicts that the net profit belonging to shareholders of the listed company in 2019 will decrease by between RMB 96,600,000 and RMB 110,600,000, with a decrease of between 69.60% and 79.69% 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 2019 will decrease by between RMB 107,500,000 and RMB 116,600,000, with a decrease of between 79.58% and 86.32% compared with the same period of the year before.
Jiangsu Fengshan Group Co Ltd is a China-based company mainly engaged in the research, development, production and sales of pesticides. The Company's main products include herbicides, fungicides, and fine chemical intermediates, which are used in crops such as cotton, soybeans, rapeseed, peanuts, and tea trees. The Company also provides battery electrolytes, agricultural products and other products. The Company distributes products in the domestic market and overseas markets.