TDG Holding Co., Ltd. Provides Earning Forecast for the Full Year 2018
January 21, 2019
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TDG Holding Co., Ltd. provided earning forecast for the full year 2018. The Company predicts the net profit belonging to shareholders of the listed company in 2018 will be between RMB 282.36 million and RMB 305.88 million, with an increase of between RMB 125.5 million and RMB 149.02 million compared with RMB 156.86 million in the same period of the year before and with a year-on-year increase of between 80% and 95%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit will be between RMB 235 million and RMB 258.52 million, with an increase of between RMB 116.42 million and RMB 139.94 million compared with RMB 118.58 million in the same period of the year before and with a year-on-year increase of between 98% and 118%.
TDG Holding Co., LTD. is a China-based company primarily engaged in the production and sales of electronic materials, as well as the manufacture and sales of special equipment. The Company's products mainly include electronic surface mounting products, power supply switch-mode magnetic materials, filter magnetic materials, nickel-zinc magnetic materials, special equipment and customized products, magnetic materials and solar photovoltaic products. In addition, the Company also provides processing services. The Company distributes its products within domestic market and to overseas markets.