Clenergy Technology Co., Ltd. Provides Earnings Guidance for the Year of 2018
January 28, 2019
Share
Clenergy (Xiamen) Technology Co., Ltd. provided earnings guidance for the year of 2018. For the year, the company predicted that the net profit belonging to shareholders of the listed company in 2018 will be between RMB 20.88 million and RMB 27.14 million, with a decrease of between RMB 21.99 million and RMB 28.25 million and a decrease of between 44.76% and 57.5% 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 16.7 million and RMB 21.71 million with a decrease of between RMB 20.89 million and RMB 25.9 million and a decrease of between 49.03% and 60.79% compared with the same period of the year before.
Clenergy Technology Co Ltd, formerly Clenergy Xiamen Technology Co Ltd, is a China-based company mainly engaged in the research and development, design, production and sales of smart photovoltaic trackers and other photovoltaic brackets. The Company is also engaged in the development, construction and operation of photovoltaic power plants, and the research and development, production and sales of photovoltaic power electronic products. The Company's independent brand products include photovoltaic smart trackers, fixed ground photovoltaic support systems, adjustable supports, carport supports, distributed roof photovoltaic support systems and other series, as well as the auxiliary products such as photovoltaic power station supporting bridges and combiner boxes.