Hangzhou XZB Tech Co., Ltd. Provides Preliminary Earnings Guidance for the Year 2017
January 15, 2018
Share
Hangzhou XZB Tech Co. Ltd. provided preliminary 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 increase by between RMB 45 million and RMB 56 (based on the disclosed statistics according to relevant regulations), with an increase of between 81% and 101% 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 44 million and RMB 54 million, with an increase of between 82% and 100% compared with the same period of the year before.
Hangzhou XZB Tech Co., Ltd. is principally engaged in research and development, manufacture and sales of precision cold forging parts. Its products include valve stack precision cold forging parts, valves train precision cold forging parts and other precision cold forging parts. The Company distributes its products within the domestic market and to overseas market.