Zhejiang Ju Hua Co., Ltd. Provides Earnings Guidance for the Full Year of 2018
January 22, 2019
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Zhejiang Ju Hua Co., Ltd. provided earnings guidance for the full year of 2018. For the period, the company predicts an increase of between RMB 1.06 billion and RMB 1.27 billion in its net profit owned by shareholders of the listed company in 2018 compared with the same period of the year before, with a year-on-year increase of between 113% and 136%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 893 million and RMB 1,103 million compared with the same period of the year before, with a year-on-year increase of between 101% and 124%. Upon retrospective adjustments to financial statements at the same period of the year before, the company predicts that the net profit belonging to shareholders of the listed company in 2018 will increase by between RMB 1,087 million and RMB 1,297 million in its net profit owned by shareholders of the listed company in 2018 compared with the same period of the year before, with a year-on-year increase of between 120% and 143%. Upon retrospective adjustments to financial statements at the same period of the year before, the net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 893 million and RMB 1,103 million compared with the same period of the year before, with a year-on-year increase of between 101% and 124%.
ZHEJIANG JUHUA CO., LTD. is a China-based company primarily engaged in the production and sales of fluorine chemical products. The Company's primary businesses include the development, production and sales of basic chemical raw materials, food packaging materials, electronic chemical materials, fluorine chemical raw materials and related products. The Company is also involved in petrochemical businesses through its subsidiaries. The Company mainly distributes its products within domestic markets and to overseas markets.