Nanhai Development Co. Ltd. Predicts Earnings Guidance for the Year 2011
January 29, 2012
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Nanhai Development Co. Ltd. predicted earnings guidance for the year 2011. For the year, the company predicts a year-on-year increase of over 20% in the net profit owned by parent company's holders of ordinary shares (excluding extraordinary profit and loss) in 2011 as well as a year-on-year decrease of over 70% in the net profit owned by parent company's holders of ordinary shares in 2011.
Grandblue Environment Co Ltd is a China-based company mainly engaged in solid waste treatment business. The Company is also engaged in energy business, water supply business and drainage business. The solid waste treatment business focuses on the incineration of domestic waste to generate electricity, and the treatment of pollution sources such as food waste, sludge, industrial waste, agricultural waste, medical waste, large garbage, and garden waste. The energy business includes multi-energy supply businesses such as pipeline natural gas, bottled gas, and hydrogen. The water supply business has a full industrial chain of water supply services, including water intake, water production, water delivery to end customer service. The drainage business has a full industrial chain of drainage services including pipeline network maintenance, pump station management, and sewage treatment plant operation management.