Tian Jin Global Magnetic Card Co., Ltd. Provides Earnings Guidance for the Year 2017
January 25, 2018
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Tian Jin Global Magnetic Card Co. Ltd. provided earnings guidance for the year 2017. According to preliminary statistics of its financial department, the company predicts a loss in the net profit belonging to shareholders of the listed company in 2017, with the net loss belonging to shareholders of the listed company to be between RMB 50 million and RMB 60 million.
The net profit belonging to shareholders of the listed company after excluding extraordinary loss will be between RMB 50.5 million and RMB 60.5 million.
Tian Jin Bohai Chemical Co Ltd, formerly Tian Jin Global Magnetic Card Co Ltd, is a China-based company principally engaged in the manufacturing and sales of magnetic cards, smart card application systems and related equipment. The Company operates through magnetic card segment, printing segment and equipment segment. The Company's data card products include magnetic stripe cards and smart cards. The printed products include packaging and decorating products, publications and tickets. The smart card applications and related equipment products include city card management system and related equipment, cards and others. The Company is also engaged in modern petrochemical business, and its main products are propylene products. The Company mainly conducts its businesses in the domestic and to overseas markets.