Shanghai Belling Co., Ltd. Reports Earnings Guidance for the First Six Months of 2019
July 23, 2019
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Shanghai Belling Co., Ltd. reported earnings guidance for the first six months of 2019. The Company predicts the net profit belonging to shareholders of the listed company in the 1st half of 2019 will be about RMB 143,830,800, with an increase of about RMB 79,120,900 compared with RMB 64,709,900 in the same period of the year before and with a year-on-year increase of about 122.27%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the first half of 2019 will be about RMB 63,409,600, with an increase of about RMB 6,815,300 compared with RMB 6,594,300 in the same period of the year before and with a year-on-year increase of about 12.04%. The net profit belonging to shareholders of the listed company in the 1st half of 2019 will be about RMB 143,830,800, with an increase of about RMB 70,459,600 compared with RMB 73,371,200 in the same period of the year before after restatement and with a year-on-year increase of about 96.03%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the first half of 2019 will be about RMB 63,409,600 with an increase of about RMB 3,934,000 compared with RMB 59,475,600 after restatement in the same period of the year before and with a year-on-year increase of about 6.61%.
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. 
