Henan Dayou Energy Co., Ltd. Provides Earnings Guidance for the Year 2018
January 29, 2019
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Henan Dayou Energy Co., Ltd. provided earnings guidance for the year 2018. The company predicts an increase of between RMB 168 million and RMB 264 million in net profit belonging to shareholders of the listed company in 2018 compared with the same period of the year before, with a year-on-year increase of between 35% and 55% and with the net profit belonging to shareholders of the listed company to be between RMB 648,391,500 and RMB 744,391,500. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 136,082,000 and RMB 232,082,000 compared with the same period of the year before, with a year-on-year increase of between 27.21% and 46.41% and with the net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss to be between RMB 636,156,500 and RMB 732,156,500.
Henan Dayou Energy Co., Ltd is a China-based company, principally engaged in the exploitation of raw coal, and the wholesale, operation, dressing by washing and processing of coal. The Company's long flame coal, coking coal, meager coal and washed coal are applied in power generation, gas making, coking and building materials. The Company mainly operates its businesses in domestic markets, with Henan province as its major market.