UE Furniture Co., Ltd. Provides Earnings Guidance for the First Half of 2019
July 17, 2019
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UE Furniture Co., Ltd. provided earnings guidance for the first half of 2019. For the period, the company predicted that the net profit belonging to shareholders of the listed company will be between RMB 85.64 million and RMB 95.16 million, with an increase of between RMB 38.06 million and RMB 47.58 million and an increase of between 80% and 100% 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 be between RMB 65.81 million and RMB 75.7 million, with an increase of between RMB 34.61 million and RMB 44.5 million and an increase of between 110.9% and 142.6% compared with the same period of the year before.
UE Furniture Co Ltd is a China-based company mainly engaged in the research and development, production and sales of healthy seats. The Company's primary products include office chairs, training chairs, massage chair bodies, leisure chairs, children chairs, sofa and functional seat accessories. The Company mainly distributes its products in the Mainland of China and overseas markets.