Citychamp Dartong Co., Ltd. Provides Earnings Guidance for the Year 2017
January 01, 2018
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Citychamp Dartong Co., Ltd. provided earnings guidance for the year 2017. For the year, the company predicts that the net profit belonging to shareholders of the listed company in 2017 will be about between RMB 580 million and RMB 640 million (with the total capital of 1,492,110,725 shares and the earnings per share to be about between RMB 0.39 and RMB 0.43), which has increased between RMB 260 million and RMB 320 million, with an increase of between 80% and 100%, compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be RMB 420 million and RMB 480 million, which has increased between RMB 160 million and RMB 220 million, with an increase of 61% and 86%, compared with the same period of the year before.
CITYCHAMP DARTONG CO., LTD. is a China-based company principally engaged in the development and sales of properties. The Company is also engaged in the manufacturing and sales of enameled wires. The Companyâs real estate products include general residential buildings, office buildings, high-rise apartments, garden houses, villas, comprehensive commercial buildings and others. The Company's enameled wires are mainly used in home appliances, automobiles, power tools, generators, special motors, electronics and other industries. The Company is also involved in the manufacturing and sales of power batteries through its subsidiaries.