Fujian Longma Environmental Sanitation Equipment Co., Ltd. Reaffirms Earnings Guidance for the Year of 2017
January 10, 2018
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Fujian Longma Environmental Sanitation Equipment Co., Ltd. reaffirmed earnings guidance for the year of 2017. For the year, the company expects the business revenue in 2017 will increase by between RMB 776,395,700 and RMB 998,223,000, with an increase of between 35% and 45% compared with the same period of the year before and the net profit belonging to shareholders of the listed company will increase by between RMB 42,264,200 and RMB 63,396,400, with an increase of between 20% and 30% 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 increase by between RMB 45,353,300 and RMB 65,072,200, with an increase of between 23% and 33% compared with the same period of the year before.
Fulongma Group Co Ltd, formerly Fujian Longma Environmental Sanitation Equipment Co Ltd, is a China-based company mainly engaged in environmental sanitation services. The Company operates three segments. Sanitation and Cleaning Equipment segment and Garbage Collection and Transfer Equipment segment are mainly engaged in the research and development, production and sales of various sanitation equipment. Environmental Sanitation Industry Services division mainly provides environmental sanitation public services such as road and public places cleaning and cleaning, domestic waste classification, collection, cleaning and transportation, disposal, public toilet operation and management, road cleaning, property management, smart sanitation and other environmental sanitation services. The Company's products include sweeping and sweeping vehicles, vacuum cleaners, environmental monitoring vehicles, wall cleaning vehicles, and kitchen garbage trucks.