Shanghai Jiao Yun Group Co., Ltd. Provides Earnings Guidance for 2019
January 19, 2020
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Shanghai Jiao Yun Group Co., Ltd. provided earnings guidance for 2019. The Company predicts a decrease of about RMB 206,000,000 in its net profit belonging to shareholders of the listed company in 2019 compared with the same period of the year before, with a year-on-year decrease of about 63%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will decrease by about RMB 140,000,000 compared with the same period of the year before, with a year-on-year decrease of about 90%.
Shanghai Jiao Yun Group Co Ltd is a China-based company primarily engaged in the provision of road freight and logistics services. The Company operates primarily through four segments. The Road Freight and Logistics Services segment is mainly engaged in multimodal transport, cold chain warehousing, steel logistics, manufacturing logistics and other businesses. The Passenger Car Sales and Automotive After-service segment is mainly engaged in automobile sales, automobile accessories, repairs, maintenance technical consultation and automobile parts retail business. The Automotive Parts Manufacturing and Sales Services segment is mainly engaged in the manufacturing, research and development of key components of automotive powertrains, body and body accessory assemblies. The Other segment is engaged in other businesses. The Company mainly conducts its businesses in the domestic market.
SHANGHAI JIAO YUN GROUP CO., LTD. 
