China Resource and Environment Co., Ltd Provides Earnings Guidance for the First Quarter of 2018
March 05, 2018
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China Resource and Environment Co., Ltd. provided earnings guidance for the first quarter of 2018. The net profit belonging to shareholders for the first quarter of 2018 will be between RMB 55 million and RMB 65 million, with an increase of between RMB 17,441,800 and RMB 27,441,800 and an increase of between 46.4% and 73% compared with the same period of the year before. The net profit belonging to shareholders after excluding extraordinary profit and loss will be between RMB 55 million and RMB 65 million, with an increase of between RMB 22,875,600 and RMB 32,875,600 and an increase of between 71.2% and 102.3% compared with the same period of the year before.
Zhongzai Resources and Environment Co., Ltd., formerly Shaanxi Qinling Cement (Group) Co., Ltd. is a China-based company principally engaged in the development, recycling, processing and sale of available resources. The Company is also involved in the wholesale of general merchandise, knitwear, daily groceries, furnitures, hardware, chemical products, construction materials, mineral products, as well as plastic products, among others. The Company mainly operates its business in domestic market.