Shenzhen Textile Holdings Co. Ltd. Provides Earnings Guidance for the Year 2011
February 14, 2012 at 12:34 am
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Shenzhen Textile Holdings Co. Ltd. provided earnings guidance for the year 2011. For the period, the company expects its net profit attributable to shareholders for 2011 might have reached RMB 51.59 million, up 26.7% from a year earlier. Operating revenue increased 4.8% from a year earlier to RMB 668.35 million.
Shenzhen Textile Holdings Co Ltd is a China-based company mainly engaged in the research and development, production and sales of polarizers. The Company conducts its business through two segments. The Polarizer Business segment's products cover the fields of twisted nematic (TN), super twisted nematic (STN), thin film transistor (TFT), organic light-emitting diode (OLED), three-dimensional graphics (3D), dye sheets, optical films for touch screens and others, which are mainly used in televisions, laptops, navigation systems, displays, automotive, industrial control, instrumentation, smart phones, wearable devices, 3D glasses, sunglasses and other products. The Property Leasing Business and Other Business segment is mainly engaged in the operation and management of owned properties and the textile and garment business. The Company mainly conducts its business in the domestic and foreign markets.