TDG Holding Co., Ltd. Provides Earnings Guidance for the First Half of 2018
July 03, 2018
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TDG Holding Co., Ltd. provided earnings guidance for the first half of 2018. For the first half, the company predicts that the net profit belonging to shareholders of the company from January to June 2018 will increase by between RMB 155.73 million and RMB 165.78 million with an increase of between RMB 55.26 million and RMB 65.31 million, namely between 55% and 65%, compared with RMB 100.47 million at 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 129.01 million and RMB 139.06 million with an increase of between RMB 44.66 million and RMB 54.71 million, namely between 53% and 65%, compared with RMB 84.35 million at the same period of the year before.
TDG Holding Co., LTD. is a China-based company primarily engaged in the production and sales of electronic materials, as well as the manufacture and sales of special equipment. The Company's products mainly include electronic surface mounting products, power supply switch-mode magnetic materials, filter magnetic materials, nickel-zinc magnetic materials, special equipment and customized products, magnetic materials and solar photovoltaic products. In addition, the Company also provides processing services. The Company distributes its products within domestic market and to overseas markets.