Suzhou TZTEK Technology Co. Ltd. Provides Earnings Guidance for the First Half of 2020
July 10, 2020
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Suzhou TZTEK Technology Co. Ltd. provided earnings guidance for the First Half of 2020. The company predicts that the net profit belonging to owners of the parent company in the first half of 2020 will be about RMB 3,043,600 with a decrease of about RMB 6,143,500 compared with the same period of the year before, with a year-on-year decrease of about 66.87%. The Company predicts that the net profit belonging to owners of the parent company after excluding extraordinary loss will be about RMB 5,196,300 with a decrease of about RMB 12,813,500 compared with the same period of the year before, with a year-on-year decrease of about 168.22%.
Suzhou TZTEK Technology Co Ltd is a China-based industrial automation equipment developer. The Company focuses on the measurement, vision and automation sectors of smart industry, providing products and solutions to customers. The Company's main products are industrial vision equipment, including precision measuring instruments, intelligent testing equipment, intelligent manufacturing systems and unmanned logistics vehicles. Its products are mainly used in consumer electronics industry, automobile manufacturing industry, photovoltaic semiconductor industry, warehousing and logistics industry and other fields. The Company mainly distributes its products to the domestic market and overseas markets.