Henan Pinggao Electric Co.,Ltd. Provides Earnings Guidance for the First Three Quarters of 2019
October 13, 2019
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Henan Pinggao Electric Co.,Ltd. predicted that the net profit belonging to shareholders of the company in the first three quarters of 2019 will be about RMB 117.93 million, with an increase of about RMB 115.68 million compared with the same period of the year before and with a year-on-year increase of about 5,156%. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will be about RMB 104.05 million, with an increase of RMB 111.73 million compared with the same period of the year before.
HENAN PINGGAO ELECTRIC CO., LTD. is a China-based company, principally engaged in the manufacture and distribution of electric power transmission and conversion equipment. The Company's main products include enclosed combined electrical equipment, circuit breakers (CBs), isolating switches and earthing switches, open combined electrical equipment, vacuum circuit breakers, complete set of electrical equipment and instrument transformers, among others. The Company distributes its products within domestic market and to overseas markets.