Xianhe Co., Ltd. Provides Earnings Guidance for the Year of 2020
April 12, 2020
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Xianhe Co. Ltd. provided earnings guidance for the year of 2020. For the period, the company predicts that the net profit belonging to shareholders of the listed company in 2020 will be between RMB 95 million and RMB 110 million, with an increase of between RMB 59.32 million and RMB 74.32 million, or an increase rate of between 166.26% and 208.30% compared with the same period of the year before.
Xianhe Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of specialty papers. The Company's main products include paper used in tobacco industry, paper used in home decorating, paper used in business communications and anti-counterfeiting, paper used in food and medical packaging, paper used in labels, electrical and industrial paper, paper used in thermal transfer, low quantitative publishing printing paper and others. The Company mainly distributes its products within domestic market.