Hunan Oil Pump Co., Ltd Provides Earnings Guidance for the Year 2016
January 23, 2017
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Hunan Oil Pump Co., Ltd. provided earnings guidance for the year 2016. For the year, the company predicts a year-on-year increase of between 40% and 60% in its net profit owned by shareholders of the listed company in 2016.
Hunan Oil Pump Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of engine pump products. The Company operates five segments, Diesel Engine Oil Pump segment, Gasoline Engine Oil Pump segment, Electric Motor segment, Transmission Pump segment, and New Energy Vehicle Parts segment. The Company's products mainly include engine pump products, transmission oil pumps, electronic pump products, motor products and intelligent driving execution layer control systems. The Company's products are used in fuel vehicles, new energy vehicles, generator sets, ship power and engineering machinery and other fields. Through its subsidiaries, the Company also provides vacuum pumps, automated manufacturing equipment and related information and technical services, and is engaged in the research, development and production of gears, reducers and aluminum die castings.