Chaowei Power Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2019
July 11, 2019 at 07:38 pm IST
Chaowei Power Holdings Limited provided earnings guidance for the six months ended June 30, 2019. The board of the company expected a substantial increase in the unaudited net profit of the group for the six months ended June 30, 2019 as compared with that for the six months ended June 30, 2018. The increase is primarily due to the increase in gross profit margin, mainly attributable to the decrease in costs.