Luyin Investment Group Co., Ltd. Provides Profit Guidance for the Year 2017
January 28, 2018
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Luyin Investment Group Co., Ltd. provided profit guidance for the year 2017. For the year, the company will suffer from a loss in its the net profit belonging to shareholders of the listed company in 2017 compared with RMB 41,716,700 of the same period of the year before, with the net profit belonging to shareholders of the listed company to be about between RMB 135 million and RMB 160 million. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about between RMB 164 million and RMB 189 million.
Luyin Investment Group Co Ltd is a Chinese company mainly engaged in salt and new materials business. The Company operates its business through the Powders and Products Segment, Salt Industry Segment, Textile Industry Segment, Commerce and Trading Segment and New Energy Segment. The Company's salt products include table salt and domestic salt, industrial salt, and bromine. The products are mainly used in edible and food processing, alkali industrial salt, printing and dyeing, and tanning industries. The Company's main new material products are reduction series, water atomized series steel powder and high-performance alloy special powder materials. The products are mainly used in automobiles, motorcycles, home appliances and other industries.
LUYIN INVESTMENT GROUP CO.,LTD. 
