Zhejiang Longsheng Group Co., Ltd. Proposes Earnings Guidance for the First Half of 2018
July 03, 2018
Share
Zhejiang Longsheng Group Co., Ltd. proposed earnings guidance for the first half of 2018. For the period, the company predicts that the net profit belonging to shareholders of the company will be between RMB 2,229 million and RMB 2,432 million with an increase of between RMB 1,216 million and RMB 1,419 million, namely between 120% and 140% compared with the same period of the year before. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will be between RMB 1,765 million and RMB 1,965 million with an increase of between RMB 785 million and RMB 985 million, namely between 80% and 100% compared with the same period of the year before.
Zhejiang Longsheng Group Co., Ltd is a China-based company, principally engaged in the research and development, manufacture and distribution of dye products. The Company's product portfolio consists of specialty chemical products and basic chemicals, including dye, addition agents, chemical intermediates, water reducing agents, as well as inorganic products and others. In addition, the Company is also engaged in the real estate business, as well as the provision of auto parts and development solutions. The Company distributes its products within domestic market and to overseas markets.
ZHEJIANG LONGSHENG GROUP CO.,LTD 
