Fujian Dongbai Co.,Ltd. Provides Preliminary Earnings Guidance for the Full Year of 2017
January 23, 2018
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Fujian Dongbai (Group) Co.,Ltd. provided preliminary earnings guidance for the full year of 2017. For the period, the company predicts the net profit owned by shareholders of the listed company in 2017 will increase by between RMB 131.36 million and RMB 171.78 million, with an increase of between 130% and 170% compared with the same period of the year before (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 between RMB 132.69 million and RMB 174.16 million, with an increase of between 128% and 168% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).
Fujian Dongbai Group Co Ltd is a China-based company principally engaged in commodity retailing, as well as the development and sales of real estates. The Company distributes household electrical appliances, cosmetics, cigarettes, wines, general merchandise and others through its regular chain department stores. In addition, the Company is also engaged in property leasing, property management, supply chain trading, as well as the provision of hotel, catering and advertising information services. The Company principally conducts its businesses within domestic market.