Sunnyloantop Co.,Ltd Provides Preliminary Earnings Guidance for the First Half of 2018
July 26, 2018
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Sunnyloantop Co.,Ltd provided preliminary earnings guidance for the first half of 2018. The Company predicts a decrease of between RMB 20 million and RMB 25 million in the net profit belonging to shareholders of listed company in the first half of 2018 compared with the same period of the year before, with a year-on-year decrease of between 65% and 85%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will decrease by between RMB 11 million and RMB 16 million, with a decrease of between 100% and 150% compared with the same period of the year before.
Sunny Loan Top Co Ltd is a China-based company mainly engaged in pawn, guarantee, financial leasing, special assets and quasi-financial investment businesses. The pawn business is mainly engaged in pledging or mortgaging its movable properties, real estate, and property rights to the pawn company as pawn materials and obtaining the pawn money. The guarantee business is mainly engaged in non-financing guarantee business and financing guarantee business. The financial leasing business is mainly engaged in financial leasing. The quasi-financial investment business is mainly engaged in indirect capital income business, capital market investment business and other equity investment businesses. The special assets business is mainly engaged in the acquisition of debt asset packages held by local AMC companies or other private entities through indirect acquisitions through the establishment of partnerships, direct participation in public auction acquisitions, or direct agreement transfers.
SUNNY LOAN TOP CO.,LTD. 
