China Kings Resources Group Co., Ltd. Provides Earnings Guidance for the Full Year of 2018
January 21, 2019
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China Kings Resources Group Co. Ltd. provided earnings guidance for the full year of 2018. The company predicts an increase of between RMB 54 million and RMB 69.5 million in its net profit owned by shareholders of the listed company compared with the same period of the year before, with a year-on-year increase of between 70% and 90%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 58 million and RMB 74 million compared with the same period of the year before, with a year-on-year increase of between 85% and 110%.
China Kings Resources Group Co., Ltd. is a China-based company principally engaged in the investment and development of fluorite mines, as well as manufacture and sales of fluorite products. The Company mainly provides self-produced products and trading business products, including acid grade fluorite fine powders, high-grade Fluorite lump ore, metallurgical grade fluorite fine powders and common fluorite ore. The Company is also engaged in the sales of tailing sand. The Companyâs products are mainly applied in new energy and new material industrials, as well as traditional fields, including metallurgy, chemical industry, construction, optical and others. The Company distributes its products in domestic market and to overseas markets.