Sheng Ye Capital Limited Provides Earnings Guidance for the Three Months Ended 31 March 2019
April 30, 2019 at 12:36 pm
Sheng Ye Capital Limited provided earnings guidance for the three months ended 31 March 2019. It is expected that the Group may record a significant increase in profit for the three months ended 31 March 2019 by approximately 180% as compared to that for the corresponding period in 2018. The expected increase was primarily attributable to: (i) the expected increase in income of factoring service; and (ii) the expected increase of the gain on sales of factoring assets.