Sanxiang Advanced Materials Co., Ltd. Provides Earnings Guidance for the Year 2019
January 16, 2020
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Sanxiang Advanced Materials Co., Ltd. provides earnings guidance for the year 2019. The company expects that the net profit belonging to shareholders of the listed company in 2019 will be between RMB 80 million and RMB 87 million, with an increase of between RMB 5,818,500 and RMB 12,818,500 and an increase of between 7.84% and 17.28%% 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 will be between RMB 77 million and RMB 84 million with an increase of between RMB 4,840,400 and RMB 11,840,400 and an increase of between 6.71% and 16.41% compared with the same period of the year before.
Sanxiang Advanced Materials Co., Ltd. is a China-based company principally engaged in the research, design, production and distribution of fused zirconia, casting modified materials, as well as single crystal fused alumina abrasive materials, among others. The Companyâs products include zirconia series products, single crystalline fused alumina series products, cored wire series products, nucleating agent (inoculant) series products, nodulizer series products and silica fume powder series products. The Company operates its business within domestic and overseas markets, including America, Canada, Brazil, France, Italy, Japan, South Korea, Australia, Indonesia, Taiwan and other countries and areas.
SANXIANG ADVANCED MATERIALS CO., LTD. 
