Guangdong Guanhao High-Tech Co., Ltd. Provides Earnings Guidance for the Year 2018
January 17, 2019
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Guangdong Guanhao High-Tech Co., Ltd. provided earnings guidance for the year 2018. For the year, the company predicts an increase of about RMB 61 million in its net profit owned by shareholders of the listed company in 2018 compared with RMB 52,790,200 in the same period of the year before, with a year-on-year increase of about 115.55%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by about RMB 43 million compared with RMB 54,783,000 in the same period of the year before, with a year-on-year increase of about 78.49%.
Guangdong Guanhao High-Tech Co Ltd is a China-based company mainly engaged in papermaking business. The Company's main products include thermal materials, adhesive sticker label materials, sublimation transfer paper, and carbonless paper. Its thermal paper products are mainly used in the manufacturing of bills, tags, fax materials and others. The Company also provides a series of adhesive sticker products, mainly used in logistics, medicine and food processing and other fields. The Company also produces coated white cardboard, paper chemicals, and color printing. The Company mainly distributes its products in domestic and overseas markets.