China Jushi Co., Ltd. Provides Earnings Guidance for the Nine Months of 2018
October 14, 2018
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China Jushi Co., Ltd. provided earnings guidance for the nine months of 2018. According to preliminary statistics of its financial department, the Company predicts that the net profit owned by shareholders of listed company in the 1st three quarters of 2018 will increase by over RMB 310,307,300 with a increase of over 20% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations). It is predicted that the net profit belonging to shareholders of the listed company in the 1st three quarters of 2018 impacted by extraordinary profit and loss will be about RMB 738,200. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by over RMB 343,509,900, with an increase of over 22% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).
CHINA JUSHI CO., LTD., formerly CHINA FIBERGLASS CO., LTD, is a China-based company principally engaged in the research and development, manufacture and distribution of fiberglass and related products. The Company's major product is glass fiber yarn. The Company also provides complex fiber products, yarns for high-performance wind power and oil high pressure pipes. Its products are applied in aerospace, construction, transportation, industrial equipment, wind power generation and other areas. The Company distributes its products in domestic and overseas markets.
CHINA JUSHI CO., LTD. 
