Longyan Zhuoyue New Energy Co., Ltd. Announces Earnings Guidance for 2019
January 12, 2020
Share
Longyan Zhuoyue New Energy Co., Ltd. announced that according to preliminary statistics of its financial department, the Company predicts that the net profit belonging to shareholders of the listed company in 2019 will be about RMB 204,559,100 with an increase of about RMB 70,873,300 compared with the same period of the year before, with a year-on-year increase of about 53.01% (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 194,020,800 with an increase of about RMB 60,127,500 compared with the same period of the year before, with a year-on-year increase of about 44.91% (based on the disclosed statistics according to relevant regulations).
Longyan Zhuoyue New Energy Co Ltd is a China-based company mainly engaged in the research, development, manufacture and sales of biodiesel and derivative products. The Company's products mainly include biodiesel, industrial glycerin, bio-ester plasticizer, environmentally friendly alkyd resin, etc. Its products are mainly used in power fuels, bio-based materials, polyvinyl chloride (PVC) products, plastic runways, paints, coatings, resins, paper, leather, and automotive antifreeze. The Company mainly conducts its businesses in domestic and overseas markets.