Shanghai Baosight Software Co., Ltd. Provides Earnings Guidance for the Year 2019
January 29, 2020
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Shanghai Baosight Software Co. Ltd. provided earnings guidance for the year 2019. The company predicts a year-on-year increase of between RMB 170 million and RMB 240 million in its net profit owned by shareholders of the listed company in 2019, a year-on-year increase of between 25% and 36% (the data in the company's annual report of 2018). According to preliminary statistics of its financial department, the company predicts an increase of between RMB 400 million and RMB 470 million in its net profit owned by shareholders of the listed company in 2019, increasing by between 91% and 107% compared with that in 2018 after the adjustment to previous comparative statements. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in 2019 will increase by between RMB 200 million and RMB 280 million compared with the same period of the year before, with a year-on-year increase of between 33% and 46%.
Shanghai Baosight Software Co., Ltd. is a China-based company, principally engaged in software development and engineering, outsourcing services, and system integration. The company's products are applied in steel, transportation, service outsourcing, mining, nonferrous metals, petrochemical, equipment manufacturing (including shipbuilding), resources, finance, public services, water conservancy, medicine and other industries.