Atlantic China Welding Consumables, Inc Provides Earnings Guidance for the Year of 2017
January 29, 2018
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Atlantic China Welding Consumables, Inc. provided earnings guidance for the year of 2017. For the year, according to preliminary statistics of its financial department, the company predicts that the net profit belonging to shareholders of the listed company in 2017 will increase by between RMB 1 million and RMB 9 million with an increase of between 2% and 20% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 4 million and RMB 10 million with an increase of between 10% and 30% compared with the same period of the year before.
Atlantic China Welding Consumables Inc is a company mainly engaged in the research and development (R&D), production and sales of welding materials products. The Company's products include welding rods, welding wires, such as solid wires, flux cored wires and non-ferrous wires, and fluxes and welding materials ore raw materials. The Company's products are used in the production of daily necessities, infrastructure construction and major equipment manufacturing. The Company's products are exported to many countries and regions, such as Kazakhstan, Kyrgyzstan, kazalman, Tajikistan, Tanga, Pakistan, Karachi, etc.