BanBao Co., Ltd. Provides Earnings Guidance for the Year 2019
January 16, 2020
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BanBao Co., Ltd. provided earnings guidance for the year 2019. The company predicts that the net profit belonging to shareholders of the listed company in 2019 will be between RMB 70 million and RMB 82 million with an increase of between RMB 27,868,800 and RMB 39,868,800 and an increase of between 66.15% and 94.63% 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 in 2019 will be between RMB 64 million and RMB 76 million with an increase of between RMB 26,415,300 and RMB 38,415,300 and an increase of between 70.28% and 102.21% compared with the same period of the year before.
Jiangxi Mubang Hi-Tech Co Ltd is a China-based company mainly engaged in the production and sales of monocrystalline silicon rods and silicon wafers. The Company operates primarily through two segments. The Photovoltaic Business segment is mainly engaged in the research and development, production and sales of photovoltaic silicon wafers and silicon rods. The Company's main photovoltaic products include monocrystalline silicon rods, monocrystalline silicon wafers, polycrystalline silicon ingots, polycrystalline silicon wafers and cells. The Toy Business segment is mainly engaged in the production and sales of popular science series, programming robot series, city series, infant series and intellectual property (IP) authorized plastic building block toys. The Company mainly conducts its businesses in domestic and overseas markets.
MUBANG HIGH-TECH CO.,LTD. 