Shanghai Belling Co., Ltd. Provides Earnings Guidance for 2019
January 20, 2020
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Shanghai Belling Co., Ltd. provided earnings guidance for 2019. The Company predicts that the net profit belonging to shareholders of the listed company in 2019 will be between RMB 225 million and RMB 245 million, with an increase of between 121% and 140% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 108 million and RMB 128 million, a year-on-year increase of between 32% and 56%. The Company predicts that the net profit belonging to shareholders of the listed company in 2019 will be between RMB 225 million and RMB 245 million, with an increase of between 55% and 69% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in 2019 will be between RMB 108 million and RMB 128 million, a year-on-year increase of between 32% and 56%.
Shanghai Belling Corp., Ltd. is a China-based company primarily engaged in the design, production and trading of integrated circuits. The Company's primary products include intelligent metering, universal analog and power management products. The Company's products are mainly used in electricity meters, mobile phones, liquid crystal display (LCD) televisions (TVs), set-top boxes and other types of consumer electronics products. The Company is also involved in the provision of testing and processing services through its subsidiaries.
SHANGHAI BELLING CO., LTD. 
