Dynagreen Environmental Protection Group Co., Ltd. Provides Earnings Guidance for the Six Months Ending June 30, 2016
July 25, 2016 at 04:37 pm IST
Dynagreen Environmental Protection Group Co., Ltd. provided earnings guidance for the six months ending June 30, 2016. For the six months, the company expects the Group will record an increase in profit of approximately 50% as compared to RMB 110,392,000 for the corresponding period in 2015. The expected growth in profit for the period is primarily attributable to the following factors: an increase in revenue from waste-to-energy project construction services for the first half of 2016 as compared to the corresponding period in 2015 and operating revenue from waste-to-energy projects and the corresponding value-added-tax refund had increased as compared to the corresponding period in 2015.