Sichuan Tianyi Science & Technology Co., Ltd. Provides Earnings Guidance for the Year 2018
January 29, 2019
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Sichuan Tianyi Science & Technology Co., Ltd. provided earnings guidance for the year 2018. For the year, the company predicts the net profit belonging to shareholders of the listed company in 2018 will be between RMB 510 million and RMB 540 million, with an increase of between RMB 451 million and RMB 481 million compared with the same period of the year before and with a year-on-year increase of between 765.96% and 816.92%; the basic earnings per share will be between RMB 0.61 and RMB 0.65, with a year-on-year increase of between RMB 0.41 and RMB 0.45. The Company predicts that the net profit belonging to shareholders of the listed company in 2018 will increase by between RMB 190 million and RMB 210 million compared with the same period of the year before, with a year-on-year increase of between 58.52% and 64.68%; the basic earnings per share will increase by between RMB 0.22 and RMB 0.26 (data of retroactive restatement of merger of enterprises under the same control). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 23 million and RMB 26 million compared with the same period of the year before, with a year-on-year increase of between 44.42% and 50.21% (based on the disclosed statistics according to relevant regulations).
Haohua Chemical Science & Technology Corp., formerly SICHUAN TIANYI SCIENCE & TECHNOLOGY CO., LTD., is a China-based company, principally engaged in the provision of psa gas separating technology, engineering design and turnkey project in consulting, c-chemistry and fine chemical, and catalyst business. The psa gas separating technology is mainly applied in petrochemical, metallurgy, military industry and chemical industry. The Company's catalyst business is divided into two types, including nickel-based catalysts and copper catalysts.