Xi'an Hongsheng Technology Co., Ltd Provides Earnings Guidance for the Year 2016
January 23, 2017
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Xi'an Hongsheng Technology Co., Ltd. provided earnings guidance for the year 2016. For the year, the company will turn losses into gains in its business performance in 2016 compared with the same period of the year before, with the net profit belonging to shareholders to be between RMB 2 million and RMB 5 million. The form of the aforesaid predicted net profit range is mainly due to the completion of bankrupt reorganization in 2016.
Yutong Heavy Industries Co Ltd is a China-based company mainly engaged in the production of machinery and equipment. The Company operates through two segments. The Machinery Equipment segment is mainly engaged in the research and development, production and sales of sanitation equipment, products including sanitation cleaning equipment and garbage collection and transfer equipment; mining equipment, products including new energy mining vehicles and fuel mining vehicles; basic engineering machinery, products including rotary excavation drilling rigs, crawler cranes and bridge inspection vehicles. The Environmental Sanitation Services segment is mainly engaged in road cleaning, garbage collection and transportation, landscaping maintenance, municipal facilities management and maintenance, property services, garbage classification and renewable resources, public toilet management and other services. The Company mainly operates its businesses in the domestic and overseas markets.
YUTONG HEAVY INDUSTRIES CO.,LTD. 
