Changshu Automotive Trim Co., Ltd. Provides Earning Guidance for the Year 2018
January 23, 2019
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Changshu Automotive Trim Co., Ltd. provided earning guidance for the year 2018. For the year, the company predicts an increase of about RMB 130 million in its net profit owned by shareholders of the listed company in 2018 compared with the same period of the year before, with a year-on-year increase of about 58% (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be almost at the same level with that in the same period of the year before (based on the disclosed statistics according to relevant regulations).
Jiangsu Changshu Automotive Trim Group Co Ltd, formerly Changshu Automotive Trim Co Ltd, is a China-based company and mainly engaged in development and research, manufacture and sales of interior trim for passenger cars. The main products of the Company are door panels, skylights, sunroofs, coat racks, door posts, luggage compartment interiors, storage boxes, spare tire covers, carpets, acoustic cushions, and among others. The main customers of the Company are domestic car manufacturer and auto parts primary suppliers. The Company operates its businesses primary in domestic market.