Harbin Air Conditioning Co., Ltd. Provides Earnings Guidance for the First Half of 2016
August 05, 2016
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Harbin Air Conditioning Co. Ltd. provided earnings guidance for the first half of 2016. For the period, the company predicts that it will suffer a loss in the business performance compared with the same period of the year before, with a net profit belonging to shareholders of the listed company of between negative RMB 40 million and negative RMB 48 million.
Harbin Air Conditioning Co., Ltd. is a China-based company principally engaged in the development, manufacture and distribution of air coolers. The Company's major products are air coolers for petrochemical factories and air coolers for power plants. Its air coolers for petrochemical factories are applied in condensation and cooling of industry mediums in petrochemical, coal chemical, metallurgical and other industries. Its air coolers for power plants are applied in cooling of waste steam in steam turbines. In addition, the Company also engages in the design, manufacture and sales of nuclear power station air handling units and other industrial air conditioning products. The Company distributes its products within domestic market and to overseas markets.