Chongqing Zaisheng Technology Co., Ltd. Provides Earnings Guidance for the First Half of 2018
July 08, 2018
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Chongqing Zaisheng Technology Co., Ltd. provided earnings guidance for the first half of 2018. The company predicts the net profit owned by shareholders of the listed company in the first half of 2018 to be between RMB 73.65 million and RMB 78.15 million, with an increase of between RMB 29 million and RMB 33.50 million and an increase of between 65% and 75% compared with the same period the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 70.36 million and RMB 74.56 million, with an increase of between RMB 28.50 million and RMB 32.70 million and an increase of between 68% and 78% compared with the same period of the year before.
Chongqing Zaisheng Technology Co., Ltd. is a China-based company primarily engaged in the research, development, manufacture and sales of microfiber glass wool products and related equipment. The Company primarily provides microfiber glass wool products, glass fiber filter paper, purification equipment, as well as core materials and insulation energy-saving materials. Its products are mainly used in air filtration, refrigerators and freezers industries. It distributes its products within domestic market and to overseas markets.