Nanjing Port Provides Earnings Guidance for the First Quarter of 2017
March 30, 2017 at 07:37 am
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Nanjing Port provided earnings guidance for the first quarter of 2017. The company predicts that it would make CNY 20.51 million to CNY 23.44 million net profits in the first quarter of the year 2017, soaring 250% to 300% year on year. The company attributes the profit hike to year-on-year growth of crude oil, refined oil, liquefied chemicals loading and unloading businesses.
Nanjing Port Co., Ltd. is a China-based company principally engaged in the provision of transportation services. The Company's main business includes the provision of crude oil, refined oil, liquid chemical products and general cargo handling, warehousing services. The Company is also engaged in the provision of containers storage, door to door transportation, related accessory sales, container disassembly, repair and cleaning services in the harbor district. The Company is also involved in the provision of electronic data exchange services and information consulting services, as well as the terminals and port logistics services. The Company principally operates its business in domestic market.