Suzhou Secote Precision Electronic Co., Ltd. Provides Earnings Guidance for the Year of 2017
January 21, 2018
Share
Suzhou Secote Precision Electronic Co., Ltd. provided earnings guidance for the year of 2017. For the year the company predicts that the net profit belonging to shareholders of the listed company in 2017 will be between RMB 95 million and RMB 108 million, with an increase of between RMB 46.95 million and RMB 59.95 million and between 97.71% and 124.77% compared with RMB 48.05 million in the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 87.5 million and RMB 100.5 million, with an increase of between RMB 21.71 million and RMB 34.71 million and between 33.00% and 52.76% compared with RMB 65.79 million in the same period of the year before.
Suzhou Secote Precision Electronic Co Ltd is a company engaged in research and development, design, production and sales of intelligent manufacturing equipment and provision of related technical services. The Company's products are mainly comprised of automated equipment, fixtures and jigs, including small size tag labeling machines, bearing pressing equipment, automatic footwear glue pressing machines and so on. The products are used in a range of areas, including the new energy vehicle, semiconductor, lithium battery and consumer electronic, such as smartphones, tablets and laptops.
SUZHOU SECOTE PRECISION ELECTRONIC CO.,LTD 
