Zhejiang Yankon Group Co., Ltd. Provides Earnings Guidance for the First Half of 2019
July 10, 2019
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Zhejiang Yankon Group Co., Ltd. provided earnings guidance for the first half of 2019. For the period, the Company predicts the net profit belonging to shareholders of the company in the 1st half of 2019 will be between RMB 336,487,600 and RMB 385,729,700, with an increase of between RMB 172,347,300 and RMB 221,589,400 compared with the same period of the year before and with a year-on-year increase of between 105% and 135%. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss in the 1st half of 2019 will be between RMB 216,665,000 and RMB 254.9 million, with an increase of between RMB 89,215,000 and RMB 127.45 million compared with the same period of the year before and with a year-on-year increase of between 70% and 100%.
ZHEJIANG YANKON GROUP CO., LTD is a China-based company, principally engaged in the research and development, manufacture and distribution of lighting appliances. The Company's main products are green lighting products, including integrated electronic energy-saving lamps, T5 high-power energy-saving fluorescent lamps and related accessories, light-emitting diode (LED) lighting equipment and others. It distributes its products in domestic and overseas markets, including Europe, Latin America, North America, Africa, Asia and other areas