Liaoning Fu-An Heavy Industry Co.,Ltd Provides Earnings Guidance for the First Half of 2020
July 21, 2020
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Liaoning Fu-An Heavy Industry Co.,Ltd provided earnings guidance for the first half of 2020. According to preliminary statistics of its financial department, the Company predicts the net profit belonging to shareholders of the listed company in the 1st half of 2020 will be between RMB 46 million and RMB 50 million, with an increase of between RMB 2.7 million and RMB 7 million compared with the same period of the year before and with a year-on-year increase of between 6% and 15%. According to preliminary statistics of its financial department, the Company predicts the net profit belonging to shareholders of the listed company in the 1st half of 2020 will be between RMB 42 million and RMB 47 million, with an increase of between RMB 40.7 million and RMB 45.7 million compared with the same period of the year before and with a year-on-year increase of between 3.120% and 3.510%.
Liaoning Fu-An Heavy Industry Co., Ltd. is a provider of heavy steel castings. The Company's products contain thermal power equipment castings, including outer cylinder, valve body, gas turbine exhaust cylinder; hydroelectric equipment castings, including runner hub, vane, ball valve; other power generation assembly and other castings. Its products are widely used in the industry of energy, transportation, shipping, rolling machinery, mining, coal machinery and others.
LIAONING FU-AN HEAVY INDUSTRY CO.,LTD 
