Deluxe Family Co., Ltd. Provides Preliminary Earnings Outlook for the Year 2018
January 29, 2019
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Deluxe Family Co., Ltd. provided preliminary earnings outlook for the year 2018. For the period, the company predicts the net profit belonging to shareholders will be between RMB 12.3 million and RMB 18.2 million, with a decrease of between RMB 207.14 million and RMB 213.04 million compared with the same period of the year before and with a year-on-year decrease of between 92% and 95% (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders after excluding extraordinary profit and loss will be between RMB 7.4 million and RMB 11 million, with a decrease of between RMB 219.3 million and RMB 222.9 million compared with the same period of the year before and with a year-on-year decrease of between 95% and 97% (based on the disclosed statistics according to relevant regulations).
Deluxe Family Co., Ltd. is a China-based company principally engaged in the real estate related businesses. The Companyâs real estate businesses mainly include the development, construction, sales and leasing of residential and office buildings, as well as parking lots. The Company is also engaged in the construction and decoration business, machinery manufacturing and non-metallic mineral product business. The Company is also involved in the investment in innovative technology and financial projects through its subsidiaries, including the graphene, space vehicle, intelligent robot and biomedical projects.