Tongkun Group Co., Ltd. Provides Earnings Guidance for the Year 2017
January 21, 2018
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Tongkun Group Co., Ltd. provided earnings guidance for the year 2017. For the year, the company predicts that the net profit belonging to shareholders of the company will be between RMB 1.75 billion and RMB 1.82 billion, with an increase of between 55% and 61% compared with the same period of 2016. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will increase by between RMB 660 million and RMB 740 million, with an increase of between 64% and 71% compared with RMB 1,035,670,500 in the same period of the year before.
TONGKUN GROUP CO., LTD. is principally engaged in the research, development, manufacture and distribution of civil-used polyester filaments. The Company primarily provides pre-oriented yarns (POYs), draw textured yarns (DTYs), full draw yarns (FDYs), polyethylene terephthalate (PET) chips, spinning oil, among others. Its products are applied primarily in the manufacture of apparels and household textile products. The Company distributes its products in domestic and overseas markets.
TONGKUN GROUP CO., LTD. 
