Shenzhen Gongjin Electronics Co., Ltd. Provides Earnings Guidance for the Year 2019
January 19, 2020
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Shenzhen Gongjin Electronics Co., Ltd. provided earnings guidance for the year 2019. For the year, according to preliminary statistics of its financial department, the Company predicts an increase of about RMB 122.59 million in its net profit owned by shareholders of the listed company in 2019 compared with the same period of the year before (RMB 192.41 million), with a year-on-year increase of about 63.71%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by about RMB 125.09 million compared with RMB 169.84 million in the same period of the year before, with a year-on-year increase of about 73.65%.
SHENZHEN GONGJIN ELECTRONICS CO.,LTD is a China-based company principally engaged in the manufacture of broadband communication terminals. The Company is primarily engaged in the research and development, manufacture and sales of broadband communication terminals to communication equipment suppliers. The Company primarily produces asymmetric digital subscriber line (ADSL) terminals, very high speed digital subscriber line (VDSL) terminals, optical access terminals, Wi-Fi terminals and 3G terminals, as well as other broadband communication terminals. The Company distributes its products within domestic market and to overseas market.
SHENZHEN GONGJIN ELECTRONICS CO., LTD. 
