Harbin Air Conditioning Co.,Ltd. Provides Earnings Guidance for the Full Year of 2019
January 20, 2020
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Harbin Air Conditioning Co.,Ltd. provided earnings guidance for the full year of 2019. According to preliminary statistics of its financial department, the Company predicts that the net profit belonging to shareholders of the listed company in 2019 will be between RMB 48 million and RMB 52 million, with an increase of between 130% and 150% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 28 million and RMB 32 million, with an increase of between 120% and 150% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).
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.
HARBIN AIR CONDITIONING CO.,LTD. 
