Rightway Holdings Co.,Ltd. Provides Earnings Guidance for the Year 2018
January 24, 2019
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Rightway Holdings Co.,ltd. provided earnings guidance for the year 2018. According to preliminary statistics of its financial department, the Company predicts to turn losses into gains in the net profit belonging to shareholders of the listed company in 2018 compared with loss of RMB 4,561,000 in the same period of the year before, with the net profit belonging to shareholders of the listed company to be between RMB 37.5 million and RMB 40.5 million. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 37.1 million and RMB 40.1 million.
Rightway Holdings Co Ltd, formerly Sichuan Guodong Construction Co Ltd, is a China-based company principally engaged in the business of new material manufacturing and industry-city integration. The Company primarily operates its businesses through four segments. The Manufacturing Business segment is mainly engaged in the production and sales of fiberboards. The Zhengyuan International Hui Project segment mainly invests in the construction of the Shuangliu Zhengyuan International Hui Industry and City Integration Project. The Service Business segment is mainly engaged in hotel management business. The Engineering Business segment is mainly engaged in construction and installation business. Through its subsidiary, the Company is also engaged in financial investment business.