Guangdong Guanhao High-Tech Co., Ltd. Provides Earnings Guidance for the Year 2019
January 16, 2020
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Guangdong Guanhao High-Tech Co., Ltd. provided earnings guidance for the year 2019. The company predicts an increase of about RMB 58,500,000 in its net profit owned by shareholders of the company in 2019. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will increase by about RMB 53,660,000 compared with RMB 90,765,700 in the same period of the year before, with a year-on-year increase of about 59.12%.
Guangdong Guanhao High-Tech Co Ltd is a China-based company mainly engaged in papermaking business. The Company's main products include thermal materials, adhesive sticker label materials, sublimation transfer paper, and carbonless paper. Its thermal paper products are mainly used in the manufacturing of bills, tags, fax materials and others. The Company also provides a series of adhesive sticker products, mainly used in logistics, medicine and food processing and other fields. The Company also produces coated white cardboard, paper chemicals, and color printing. The Company mainly distributes its products in domestic and overseas markets.