Yincheng Life Service Co., Ltd. Provides Earnings Guidance for the Year Ended 31 December 2020
February 10, 2021 at 06:01 am
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Yincheng Life Service CO., Ltd. provided earnings guidance for the year ended 31 December 2020. The Board informed the shareholders of the Company and potential investors that, based on a preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2020 and the currently available information, the Group is expected to record an increase in the net profit and core net profit attributable to owners of the Company for the year ended 31 December 2020 by not less than 100% and 45%, respectively, as compared to RMB 33.1 million and approximately RMB 45.7 million for the corresponding period in 2019, respectively.
Yincheng Life Service Co., Ltd. is a China-based company principally engaged in the provision of property management services. The Company operates its businesses through two segments. The Property management services segment provides residential and non-residential properties with security services, cleaning services, car park management services, repair and maintenance of specialized elevators, escalators and mechanical car park equipment, gardening and landscaping services, daily repair and maintenance of equipment and machinery, and ancillary customer services. The Community Value-added Services segment provides residential properties with common area value-added services, fitness services, and community convenience services. The Company mainly conducts its business in mainland China.
YINCHENG LIFE SERVICE CO., LTD. 
