Inner Mongolia North Hauler Joint Stock Co., Ltd. Provides Earnings Guidance for the First Half of 2019
July 22, 2019
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Inner Mongolia North Hauler Joint Stock Co., Ltd. provided earnings guidance for the first half of 2019. The company predicts a decrease of about RMB 40.70 million in its net profit in the first half of 2019 compared with its net profit belonging to parent company in the same period of the year before, with a year-on-year decrease of about 58.85%. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will decrease by about RMB 19 million compared with the same period of the year before, with a year-on-year decrease of about 42.70%.
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.