China XD Electric Co., Ltd. Provides Preliminary Earnings Guidance for the First Quarter of 2013
April 15, 2013
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China XD Electric Co., Ltd. provided preliminary earnings guidance for the first quarter of 2013. According to preliminary statistics of its financial department, the company predicts that it will turn losses into gains in its business performance in the first quarter of 2013 compared with the same period of the year before, with the net profit owned by shareholders of listed company predicted to be about RMB 35 million during the reporting period.
China XD Electric Co Ltd is a China-based company principally engaged in the provision of power transmission, distribution and control equipment. The Company's main business includes research and development (R&D), design, manufacturing, sales, testing, complete sets of related equipment, technical research, services and engineering contracting for power transmission, distribution and control equipment. The Company's leading products include high-voltage switches with voltage levels of 110kV and above, power transformers, converter transformers, smoothing reactors, shunt reactors, power capacitors, transformers, insulators, bushings, zinc oxide arresters, direct-current transmission converter valves, and others. The Company's products are sold to domestic and foreign markets.
CHINA XD ELECTRIC CO., LTD 
