China XD Plastics Company Limited Announces Unaudited Consolidated Earnings Results for the First Quarter March 31, 2019; Reiterates Earnings Guidance for Fiscal 2019
The company reiterates its financial guidance for fiscal 2019 to range USD 1.3 and USD 1.6 billion in revenue, net income to range between USD 90 and USD 110 million. It also assumes the average exchange rate of the US dollar to RMB at 6.8. This financial guidance reflects the company's current view of its business outlook for fiscal 2019 and is subject to revision based on changing market conditions at any time.