TDG Holding Co., Ltd. Provides Earnings Guidance for the First Quarter of 2018
March 26, 2018
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TDG Holding Co., Ltd. provided earnings guidance for the first quarter of 2018. For the quarter, the company predicts that the net profit belonging to shareholders of listed company from January to March 2018 will be between RMB 81.18 million and RMB 86.59 million, with an increase of between RMB 27.06 million and RMB 32.47 million and an increase of between 50% and 60% compared with the same period of the year before (RMB 54.12 million). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 69.71 million and RMB 75.12 million, with an increase of between RMB 28.64 million and RMB 34.05 million and an increase of between 69% and 83% compared with the same period of the year before (RMB 41.07 million).
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.