Eurocrane Co., Ltd. Provides Financial Guidance for 2019
January 13, 2020
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Eurocrane (China) Co., Ltd. provided financial guidance for 2019. The Company predicts an increase of between RMB 32.96 million and RMB 42.85 million in its net profit belonging to shareholders of the listed company in 2019 compared with the same period of the year before, with a year-on-year increase of between 50% and 65% (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 RMB29.88 million and RMB 41.83 million, a year-on-year increase about between 50% and 70%.
Eurocrane China Co Ltd is a China-based company mainly engaged in the research and development, manufacturing, sales and service of intelligent material handling solutions. The Company's main products include various types of aerial handling robots, European cranes, cable cranes, electric hoists, and full life cycle services for heavy-duty handling systems. The Company's products are used in energy equipment, rail transportation, papermaking, food processing, new energy vehicles, water conservancy and hydropower, national defense and military industry, ships, steel, environmental protection, clean energy, scientific research institutes and other sub-industries. The Company's products are sold in domestic and foreign markets.