Yantai Eddie Precision Machinery Co., Ltd. Provides Earnings Guidance for the First Half of 2018
July 12, 2018
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Yantai Eddie Precision Machinery Co., Ltd. provided earnings guidance for the first half of 2018. According to preliminary statistics of its financial department, the Company predicts an increase of about RMB 55 million in its net profit owned by shareholders of the listed company in the 1st half of 2018 compared with the same period of the year before, with a year-on-year increase of about 81% (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by about RMB 56 million compared with the same period of the year before, with a year-on-year increase of about 84% (based on the disclosed statistics according to relevant regulations).
Yantai Eddie Precision Machinery Co., Ltd. is a China-based company principally engaged in the research of hydraulic technology as well as the production and sales of hydraulic products. The Company's main products include hydraulic breakers, such as hydraulic breakers as well as the hydraulic products such as hydraulic pumps, hydraulic motors and multi-way control valves. The Company conducts its business both in the domestic market and overseas markets.