Zhejiang Chang'an Renheng Technology Co., Ltd. Provides Earnings Guidance for the Nine Months Ended September 30, 2018
November 05, 2018 at 03:31 am EST
Zhejiang Chang'an Renheng Technology Co., Ltd. provided earnings guidance for the nine months ended September 30, 2018. For the period, the company expects to record a loss as compared to the net profit recorded for the nine months ended 30 September 2017. Based on the information currently available, the expected loss is mainly attributable to the
impairment loss of long outstanding trade and other receivables and the increase in manufacturing and operating costs.