Liaoning Cheng Da Co., Ltd. Provides Earnings Guidance for the Year 2017
January 28, 2018
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Liaoning Cheng Da Co., Ltd. provided earnings guidance for the year 2017. For the year, the company expected a year-on-year increase of between RMB 403.2 million and RMB 701.32 million in its net profit owned by shareholders of the listed company in 2017, a year-on-year increase of between 42.54% and 73.99%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 35.65 million and RMB 235.65 million, a year-on-year increase of between 3.2% and 21.15%.
Liaoning Chengda Co., Ltd. is a diversified group organized around six sectors of activity:
- retail distribution of clothes;
- consumer goods trading: chemical products, oils for food, textile products, electronic products, construction materials, health products, etc.;
- detention and operating of drugstores;
- development of vaccines;
- development of energetic projects: coalmines operating, production petrol, etc.;
- financial services.
Net sales are distributed geographically as follows: China (92.1%), Asia (4.9%), Americas (2.5%), Europe (0.2%), Africa (0.2%) and Oceania (0.1%).