Xinjiang Joinworld Co.,Ltd. Provides Preliminary Earnings Guidance for the Period from January to September 2020
October 15, 2020
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Xinjiang Joinworld Co.,Ltd. provided preliminary earnings guidance for the period from January to September 2020. According to preliminary statistics of its financial department, the Company predicts an increase of between RMB 105 million and RMB 115 million in its net profit owned by shareholders of the listed company from January to September 2020 compared with the same period of the year before, with a year-on-year increase of between 81% and 89%. According to preliminary statistics of its financial department, the net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 165 million and RMB 175 million from January to September 2020, a year-on-year increase about between 236% and 250%.
Xinjiang Joinworld Co Ltd is a China-based company principally engaged in the research and development, production and sales of new electronic materials and aluminum and alloy products. The Company's main products include high-purity aluminum, electronic aluminum foil, electrode foil, aluminum products and alloy products. The Company's products are mainly used in electronic equipment, household appliances, automobile manufacturing, wire and cable, transportation, aerospace and other fields. The Company distributes its products both in the domestic market and to overseas markets.