Guilin Fuda Co., Ltd. Provides Earnings Guidance for the Year 2016
January 23, 2017
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Guilin Fuda Co. Ltd. provided earnings guidance for the year 2016. According to preliminary statistics of its financial department, the company predicts a year-on-year increase of between 85% and 105% in its net profit owned by shareholders of the listed company in 2016, with earnings per share predicted to be between RMB 0.166 and RMB 0.184.
GUILIN FUDA Co.,Ltd. is a China-based company principally engaged in the research, development, production and sale of automotive components. The Company's main products include automotive components, such as engine crankshafts, automotive clutches and spiral bevel gears, as well as precision forgings, such as engine crankshaft blanks and automotive front beams. The Company's products are mainly used in commercial vehicles, passenger cars and new energy vehicles. The Company distributes its products in domestic market and to overseas markets.