Chongqing Chuanyi Automation Co., Ltd. Provides Preliminary Earnings Guidance for the Year 2018
January 28, 2019
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Chongqing Chuanyi Automation Co., Ltd. provided preliminary earnings guidance for the year 2018. For the period, the company predicts an increase of about RMB 230.34 million in its net profit owned by shareholders of the listed company in 2018 compared with the same period of the year before, with a year-on-year increase of about 144.73% (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by about RMB 1.91 million compared with the same period of the year before, with a year-on-year increase of about 1.46%.
Chongqing Chuanyi Automation CO.,LTD. is a China-based company principally engaged in industrial automation system installation and engineering complete set businesses. The Company's main products include intelligent actuators, smart transmitters, smart regulating valves, smart flow meters, temperature gauges, control equipment and instrumentation and analytical instruments. The Company also provides turnkey services. The Company distributes its products in domestic market and to overseas markets, with the southern region of China as its main market.