First Tractor Company Limited Provides Earnings Outlook for the Full Year ended December 31, 2017
January 30, 2018 at 04:38 pm IST
First Tractor Company Limited provided earnings outlook for the full year ended December 31, 2017. The net profit attributable to the shareholders of the company for the year 2017 is expected to decrease by approximately RMB 156 - RMB 201 million, representing a decrease by approximately 70-90%, as compared with that for the corresponding period last year. The net profit attributable to the shareholders of the Company after deducting non-recurring profit or loss for the year 2017 is expected to decrease by approximately RMB 259 - RMB 291 million, representing a decrease by approximately 160-180%, as compared with that for the corresponding period last year.