Shanghai Feilo Acoustics Co., Ltd. Provides Earnings Guidance for the First Half of 2018
August 01, 2018
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Shanghai Feilo Acoustics Co., Ltd. provided earnings guidance for the first half of 2018. For the period, the company predicts a loss in the net profit belonging to shareholders of the company in the first half of 2018 compared with the same period of the year before, with the net profit belonging to shareholders of the company to be about RMB 400 million. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss is expected to be about RMB 410 million.
Shanghai Feilo Acoustics Co., ltd is a China-based company, principally engaged in the manufacture and distribution of lighting equipment. The Company is engaged in the manufacture and sales of light source electrical appliances and lighting products, the sales and engineering service of audio products, and installation works of lighting equipment. The Company's products include High Intensity Discharge (HID) light sources, energy saving products, inductor electronics, traditional lamps, light-emitting diode (LED) products, automotive lighting products and components. The Company is also engaged in contract energy management and the provision of technical services. The Company distributes its products within domestic markets and to overseas markets.