Rizhao Port Co., Ltd. Provides Earnings Guidance for the Year 2017
January 29, 2018
Share
Rizhao Port Co., Ltd. provided earnings guidance for the year 2017. The company reported that according to preliminary statistics of its financial department, the Company predicts an increase of between RMB 167 million and RMB 194 million in the net profit belonging to shareholders of the company in 2017, with an increase of between 95% and 110% compared with the same period of the year before. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will increase by between RMB 172 million and RMB 189 million, with an increase of between 100% and 110% compared with the same period of the year before.
RIZHAO PORT CO.,LTD. is a China-based company principally engaged in the operation of terminals and other port facilities, as well as the provision of loading and unloading, storage and other services in port areas. The Company operates through three segments: Loading and Unloading Service segment, Stockpiling Services segment and Port Management segment. The Company also involves in the leasing, maintenance and operation of port machineries, facilities and equipment; the provision of ship and port services; the provision of access to Internet services, sale of electric power and wastewater treatment, among others.