Shanghai Guangdian Electric Group Co., Ltd. Provides Earnings Guidance for the Fiscal 2017
January 29, 2018
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Shanghai Guangdian Electric Group Co., Ltd. provided earnings guidance for the fiscal 2017. For the year, the company excepts that it will turn losses into gains in its net profit belonging to shareholders of the listed company of 2017 compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be between RMB 20 million and RMB 30 million. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 7 million and RMB 17 million.
Shanghai Guangdian Electric Group Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of power transmission and distribution equipment and control equipment, as well as the provision of related services. The Company operates its business mainly through three segments. The Complete Equipment segment provides 40.5 kilovolt (VK) or below alternating current (AC) medium voltage switchgears, ring main units (RMUs), AC low voltage switchgears, direct current (DC) switchgears, power cabinets and boxes, control cabinets and boxes and lighting boxes. The Components segment provides 40.5 kV and below medium-voltage circuit breakers, low-voltage circuit breakers and intelligent control components. The Power Electronics segment provides high voltage inverters and active filters. The Company distributes its products mainly in domestic market.
SHANGHAI GUANGDIAN ELECTRIC GROUP CO., LTD. 
