Gansu Dunhuang Seed Co.,Ltd. Provides Earnings Guidance for the Year 2017
January 28, 2018
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Gansu Dunhuang Seed Co.,Ltd. provided earnings guidance for the year 2017. The company will turn losses into gains in the net profit belonging to shareholders of the company in 2017 compared with the same period of the year before, with the net profit belonging to shareholders of the to be RMB 20 million and RMB 30 million. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will be negative about RMB 307 million.
Gansu Dunhuang Seed Group Co Ltd is a China-based company mainly engaged in the research and development, production, processing and sales of various types of crop seeds. The Company mainly conducts its businesses through three segments. The Seed Business segment is mainly engaged in the research and development, production, processing and sales of various types of crop seeds. The Food and Trade Business segment is mainly engaged in the production, processing and sales of dehydrated vegetables, tomato powder and tomato paste, as well as the acquisition, processing, warehousing and trading of cotton and its by-products and other agricultural products. The Other Business segment is mainly engaged in other seed-related businesses. The Company mainly conducts its businesses in domestic and overseas markets.