Inzone Group Co., Ltd. Provides Earnings Guidance for the Year 2017
January 29, 2018
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Inzone Group Co., Ltd. announced that according to preliminary statistics of its financial department, the company predicts a year-on-year increase of between RMB 19.92 million and RMB 27.92 million in its net profit of between RMB 42 million and RMB 50 million owned by shareholders of the listed company in 2017, a year-on-year increase of between about 90% and 126%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will change by between loss of RMB 2.43 million and profit of RMB 5.57 million, a year-on-year change range of between negative 19% and positive 45%.
INZONE GROUP CO.,LTD is a China-based company principally engaged in commodity retailing business. The Company operates its business through department stores, general merchandise supermarkets and shopping malls. The Company has retail stores in 13 cities in Shandong province and in Shijiazhuang, Baoding and Zhangjiakou in Hebei province in China. The Company is also engaged in real estate development business through its subsidiaries, Qingdao Silver Plaza Investment Development Co., Ltd. and Shandong Silver Plaza Property Co., Ltd.