Sichuan Furong Technology Co., Ltd. Provides Earnings Guidance for the Year 2019
January 12, 2020
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Sichuan Furong Technology Co., Ltd. provided earnings guidance for the year 2019. For the year, the company predicts that the net profit belonging to shareholders of the listed company in 2019 will be between RMB246.93 million and RMB 278.79 million with an increase of between RMB 87.62 million and RMB 119.48 million and an increase of between 55% and 75% compared with the same period of the year before (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 between RMB 238.97 million and RMB 270.83 million with an increase of between RMB 88.7 million and RMB 120.56 million and an increase of between 59% and 80% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).
Sichuan Furong Technology Co., Ltd. is a China-based company mainly engaged in the research and development, production and sales of aluminum structural parts for consumer electronics. The Company's main products mainly include smart phone casing and mid-frame materials, tablet casing materials and notebook casing materials. These products are mainly used in Samsung, Huawei, OPPO, VIVO and other brands of smart phones, as well as Apple and other brands of tablets and laptops. The Company is also engaged in the production of other industrial materials and sales of scrap aluminum business. The Company conducts its businesses within domestic market and overseas markets.