TDG Holding Co., Ltd. Provides Earnings Guidance for the Six Months Ended June 2020
July 05, 2020
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TDG Holding Co., Ltd. provided earnings guidance for the six months ended June 2020. The company predicts the net profit belonging to shareholders of the listed company from January to June 2020 will be between RMB 207.53 million and RMB 219.06 million, with an increase of between RMB 92.23 million and RMB 103.76 million compared with RMB 115.3 million in the same period of the year before and with a year-on-year increase of between 80% and 90%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be RMB 68 million and RMB 79.53 million, with an increase of between RMB 6.59 million and RMB 18.12 million compared with RMB 61.41 million in the same period of the year before and with a year-on-year increase of between 11% and 30%.
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.