Qianhe Condiment and Food Co., Ltd. Provides Earnings Guidance for the Year 2017
January 22, 2018
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Qianhe Condiment and Food Co., Ltd. provided earnings guidance for the year 2017. According to preliminary statistics of its financial department, the company predicts that the net profit belonging to shareholders of the listed company in 2017 will increase by between RMB 40.03 million and RMB 50.04 million (based on the disclosed statistics according to relevant regulations), with an increase of between 40% and 50% 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 39.74 million and RMB 48.57 million (based on the disclosed statistics according to relevant regulations), with an increase of between 45% and 55% compared with the same period of the year before.
Qianhe Condiment and Food Co Ltd is a China-based company mainly engaged in the research and development, production and sales of condiments such as soy sauce, vinegar and cooking wine. The Company's condiments, such as soy sauce and vinegar, use the trademark Qianhe and are mainly used in cooking at home and in catering businesses. The Company's products include soy sauce, vinegar, cooking wine and other products mainly caramel color, seasoning, sesame oil, oyster sauce and so on. The Company conducts its business in the domestic market.
QIANHE CONDIMENT AND FOOD CO., LTD. 
