Luenmei Quantum Co., Ltd. Provides Earnings Guidance for the Full Year of 2016
January 23, 2017
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Luenmei Quantum Co., Ltd. provided earnings guidance for the full year of 2016. For the year, according to preliminary statistics of its financial department, the company predicts an increase of about between 50% and 55% compared with the same period of the year before in the net profit belonging to shareholders of the company in 2016.
Luen Mei Quantum Co Ltd is a China-based company mainly engaged in heat and steam supply business. The Company's main businesses include heat supply, steam supply, power generation, grid connection services and engineering business, advertising publishing business and other businesses. The power generation business includes coal-fired power generation and biomass power generation business. The engineering business includes professional engineering business related to heating customers and heating business. Its other businesses mainly include factoring financing services, property management and leasing business. The Company mainly conducts its business within domestic market.