Hunan Oil Pump Co., Ltd. Provides Preliminary Earnings Guidance for the Year 2017
January 22, 2018
Share
Hunan Oil Pump 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 56,323,000 and RMB 67,587,600, with an increase of between 100% and 120% 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 33,073,800 and RMB 44,098,400, with an increase of between 60% and 80% compared with the same period of the year before.
Hunan Oil Pump Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of engine pump products. The Company operates five segments, Diesel Engine Oil Pump segment, Gasoline Engine Oil Pump segment, Electric Motor segment, Transmission Pump segment, and New Energy Vehicle Parts segment. The Company's products mainly include engine pump products, transmission oil pumps, electronic pump products, motor products and intelligent driving execution layer control systems. The Company's products are used in fuel vehicles, new energy vehicles, generator sets, ship power and engineering machinery and other fields. Through its subsidiaries, the Company also provides vacuum pumps, automated manufacturing equipment and related information and technical services, and is engaged in the research, development and production of gears, reducers and aluminum die castings.
HUNAN OIL PUMP CO., LTD. 
