Guangzhou Guangri Stock Co.,Ltd. Provides Earnings Guidance for the 2016
January 23, 2017
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Guangzhou Guangri Stock Co.,Ltd. Provided earnings guidance for the 2016. For the period, the company predicted a decrease of about 50% in its net profit belonging to shareholders of the listed company in 2016 compared with the same period of the year before 2015. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss compared with the same period of the year before 2015 will remain stable.
GUANGZHOU GUANGRI STOCK CO.,LTD. mainly operates its businesses through design, manufacture, installation, repair and maintenance of elevators, escalators, moving sidewalks, intelligent mechanical parking systems and platform screen doors; design and manufacture of elevator electronic components and related electronic products, elevator rails and related components; provision of services of transportation, distribution, storage, packaging and processing in circulation. The Company is also involved in the light emitting diode (LED) business. The Company distributes its products within domestic market and to overseas markets.