Zhejiang Langdi Group Co., Ltd. Provides Earnings Guidance for the Year 2017
January 14, 2018
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Zhejiang Langdi Group Co., Ltd. Provides earnings guidance for the year 2017. For the period, the company expected that the net profit belonging to shareholders will increase by between RMB 41.63 million and RMB 53.73 million with an increase of between 62% and 80% 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 30.79 million and RMB 42.89 million, with an increase of between 50% and 70% compared with the same period of the year before.
Zhejiang Langdi Group Co., Ltd. is principally engaged in the research and development, manufacture and sale of air-conditioning fan and fan products. The Company's major product is air-conditioning fan, which is mainly used in the air-conditioning system for both internal and external. Its products are divided into three categories according to operation model: backward-curved fans, axial-flow fans and forward-curved fans; and according to raw materials, divided into plastic fans and metal fans; according to purpose, divided into household air conditioning fans and commercial air conditioning fans. The Company's products are sold under the brand Langdi.