Inner Mongolia North Hauler Joint Stock Co., Ltd. Provides Earnings Guidance for 2018
January 24, 2019
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Inner Mongolia North Hauler Joint Stock Co., Ltd. provided earnings guidance for 2018. According to preliminary statistics of its financial department, the company predicted an increase of about RMB 77 million in its net profit belonging to shareholders of the listed company in 2018 compared with the same period of the year before, with a year-on-year increase of about 205%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by about RMB 72.5 million compared with the same period of the year before, with a year-on-year increase of about 625%.
Inner Mongolia North Hauler Joint Stock Co., Ltd is a China-based company, principally engaged in the development, manufacture and sales of automobiles for mining use and related spare parts. The Company's products mainly include off-road dump trucks, scrapers, loaders, bulldozers, excavators and related spare parts. The Company's products are applied in metallurgy, coal, nonferrous metal processing, chemical, construction materials, hydropower generation and transportation. It also provides aftermarket services. The Company distributes its products in domestic markets and to overseas markets.