Hexing Electrical Co., Ltd Provides Earnings Guidance for 2018
January 29, 2019
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Hexing Electrical Co. Ltd. predicted the net profit belonging to shareholders of company in 2018 will be between RMB 300 million and RMB 370 million with a decrease of 34.26% and 46.7%. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will be between RMB 225.18 million and RMB 277.73 million with a decrease of between 47.34% and 57.31%.
HEXING ELECTRICAL CO., LTD. is a China-based company principally engaged in the research, design, manufacture and distribution of electric metering products, intelligent power distribution system and software, as well as the provision of intelligent power distribution system solutions. The Companyâs products and services include intelligent electrical products, including single-phase smart meters, three-phase smart meters, high end metering products and digital display meters, overall solutions for power distribution, power cloud services, construction and operation of power grid infrastructure. The Company distributes its products within domestic market and to overseas markets.