China Kings Resources Group Co.,Ltd. Provides Earnings Guidance for the Year 2019
January 09, 2020
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China Kings Resources Group Co.,Ltd. Provided earnings guidance for the year 2019. The Company predicts an increase of between RMB 69 million and RMB 96 million in its net profit owned by shareholders of the listed company in 2019, with a year-on-year increase between 50% and 70% (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 83 million and RMB 110 million, with a year-on-year increase of between 63% and 83%.
China Kings Resources Group Co., Ltd. is a China-based company principally engaged in the investment and development of fluorite mines, as well as manufacture and sales of fluorite products. The Company mainly provides self-produced products and trading business products, including acid grade fluorite fine powders, high-grade Fluorite lump ore, metallurgical grade fluorite fine powders and common fluorite ore. The Company is also engaged in the sales of tailing sand. The Companyâs products are mainly applied in new energy and new material industrials, as well as traditional fields, including metallurgy, chemical industry, construction, optical and others. The Company distributes its products in domestic market and to overseas markets.
CHINA KINGS RESOURCES GROUP CO.,LTD. 
