CMST Development Co., Ltd. Provides Earnings Guidance for the Year 2017
January 29, 2018
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CMST Development Co. Ltd. provided earnings guidance for the year 2017. For the year, the company predicts a year-on-year increase of about RMB 562.88 million in its net profit owned by shareholders of the listed company in 2017, a year-on-year increase of about 73% compared with RMB 767.44 million of the same period of the year before. It is predicted that the net profit belonging to shareholders of the listed company in 2017 after excluding extraordinary profit and loss will be about RMB 76.72 million. The company turns losses into gains compared with loss of RMB 27.28 million of the same period of the year before.
China Storage Development Co., Ltd. is a Chinese company mainly engaged in warehousing and logistics business. The company's business covers futures and spot delivery logistics, 'warehousing +' supply chain, Internet + logistics, Internet of Things, multimodal transport, consumer goods logistics, engineering logistics, international freight forwarding and other fields. The company's products include 'China Storage Steel Super' for integrated services such as trading, warehousing, transportation, processing, information consulting, marketing, and finance, and 'Huoduibao', a supply chain collaboration service platform.