Xi'an Hongsheng Technology Co., Ltd. Provides Financial Guidance for 2017
January 29, 2018
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Xi'an Hongsheng Technology Co., Ltd. announced that according to preliminary statistics of its financial department, it is predicted that the company's business revenue for 2017 will be more than RMB 10 million. The company predicts that it will suffer a loss in its net profit owned by shareholders of listed company in 2017 compared with the same period of the year before, with its net loss owned by shareholders of listed company to be between RMB 1.2 million and RMB1.7 million, and the net loss owned by shareholders of listed company after excluding extraordinary profit and loss in 2017 to be between RMB 1.7 million and RMB 2.2 million.
Yutong Heavy Industries Co Ltd is a China-based company mainly engaged in the production of machinery and equipment. The Company operates through two segments. The Machinery Equipment segment is mainly engaged in the research and development, production and sales of sanitation equipment, products including sanitation cleaning equipment and garbage collection and transfer equipment; mining equipment, products including new energy mining vehicles and fuel mining vehicles; basic engineering machinery, products including rotary excavation drilling rigs, crawler cranes and bridge inspection vehicles. The Environmental Sanitation Services segment is mainly engaged in road cleaning, garbage collection and transportation, landscaping maintenance, municipal facilities management and maintenance, property services, garbage classification and renewable resources, public toilet management and other services. The Company mainly operates its businesses in the domestic and overseas markets.