Ningbo Shanshan Co.,Ltd Provides Earnings Guidance for the First Three Quarters of 2016
October 21, 2016
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Ningbo Shanshan Co.,Ltd provided earnings guidance for the first three quarters of 2016. For the period, the company expects predicts a decrease of between 55% and 65% in the net profit belonging to shareholders of the company from January to September 2016, compared with the same period of the year before (based on the disclosed statistics according to relevant regulations) and an increase of between 50% and 70% in the net profit owned by shareholders of listed company after excluding extraordinary profit and loss from January to September 2016 compared with this period of last year.
Ningbo Shanshan Co Ltd is a China-based company mainly engaged in the research and development, production and sales of polarizers and lithium battery materials. The Company mainly conducts its businesses through nine segments. The Polarizer segment is mainly engaged in the research and development, production and sales of polarizers. The Cathode Material segment provides lithium cobalt oxide, lithium nickel cobalt manganate, lithium nickel cobalt aluminate and lithium manganate. The Anode Materials segment provides artificial graphite, natural graphite, and silicon-based anodes. The Electrolyte Materials segment provides electrolytes and lithium hexafluorophosphate. The Lithium Salt Materials segment provides lithium salts. The New Energy Vehicle segment provides charging services. The Energy Management segment is mainly engaged in material sales, photovoltaic power generation and other businesses. The Company also provides business through Investment segment and Other segment.
NINGBO SHANSHAN CO.,LTD. 
