Atlantic China Welding Consumables, Inc. Provides Earnings Guidance for the First Half of 2019
July 23, 2019
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Atlantic China Welding Consumables, Inc. provided earnings guidance for the first half of 2019. The company predicts a decrease of between RMB 16 million and RMB 25 million in its net profit owned by shareholders of the listed company in the 1st half of 2019 compared with the same period of the year before, with a year-on-year decrease of between 35% and 55%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the 1st half of 2019 will decrease by between RMB 8.5 million and RMB 15.5 million compared with the same period of the year before, with a year-on-year decrease of between 25% and 45%.
Atlantic China Welding Consumables Inc is a company mainly engaged in the research and development (R&D), production and sales of welding materials products. The Company's products include welding rods, welding wires, such as solid wires, flux cored wires and non-ferrous wires, and fluxes and welding materials ore raw materials. The Company's products are used in the production of daily necessities, infrastructure construction and major equipment manufacturing. The Company's products are exported to many countries and regions, such as Kazakhstan, Kyrgyzstan, kazalman, Tajikistan, Tanga, Pakistan, Karachi, etc.
ATLANTIC CHINA WELDING CONSUMABLES, INC. 
