Fujian Torch Electron Technology Co., Ltd. Provides Earnings Guidance for the First Half of 2018
June 19, 2018
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Fujian Torch Electron Technology Co., Ltd. provided earnings guidance for the first half of 2018. For the period, the company predicts an increase of between RMB 58.2 million and RMB 75.66 million in its net profit owned by shareholders of the listed company in the first half of 2018 compared with the same period of the year before, with an increase of between 50% and 65%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 60.17 million and RMB 77.63 million compared with the same period of the year before with an increase of between 55% and 72%.
Fujian Torch Electron Technology Co Ltd is a China-based company mainly engaged in the production and sales of electronic components. The Company's main businesses include research and development (R&D) and production of capacitors and related products, testing and service business, R&D of high-performance special ceramic materials, international trade of capacitor devices. The Company's main products include chip multilayer ceramic capacitors, leaded multilayer ceramic capacitors and multi-core group ceramic capacitors, which are mainly used in military markets such as aviation, aerospace, ships, weapons, electronic countermeasures, and system communication equipment, industrial control equipment, medical electronic equipment, consumer electronics and other civilian markets.