Hexing Electrical Co., Ltd. Provides Earnings Guidance for the Year 2019
January 19, 2020
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Hexing Electrical Co. Ltd. provided earnings guidance for the year 2019. The company predicts the net profit belonging to shareholders of listed company in 2019 will be between RMB 478,383,700 and RMB 527,871,700 with an increase of 45% and 60% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in 2019 will be between RMB 369,147,300 and RMB 418,635,300 with an increase of between 42.96% and 62.12% compared with the same period of the year before.
HEXING ELECTRICAL CO., LTD. is a China-based company principally engaged in the research, design, manufacture and distribution of electric metering products, intelligent power distribution system and software, as well as the provision of intelligent power distribution system solutions. The Companyâs products and services include intelligent electrical products, including single-phase smart meters, three-phase smart meters, high end metering products and digital display meters, overall solutions for power distribution, power cloud services, construction and operation of power grid infrastructure. The Company distributes its products within domestic market and to overseas markets.