Wuxi Huaguang Boiler Co., Ltd. Provides Earnings Guidance for the Year 2017
January 25, 2018
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Wuxi Huaguang Boiler Co. Ltd. provided earnings guidance for the year 2017. According to preliminary statistics of its financial department, the company predicts the performance in 2017 will increase by between RMB 295 million and RMB 346.98 million, with an increase of between 273% and 322% compared with the year before (before retrospective adjustments). And the performance will decrease by between RMB 194.95 million and RMB 246.93 million, with a decrease of between 30% and 38% compared with the year before (after retrospective adjustments). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 216.02 million and RMB 268 million with an increase of between 184% and 228% compared with the year before (before retrospective adjustments). And the performance will increase by between RMB 216.02 million and RMB 268 million, with an increase of between 184% and 228% compared with the year before (after retrospective adjustments).
Wuxi Huaguang Environment & Energy Group Co Ltd, formerly Wuxi Huaguang Boiler Co Ltd, is a company that mainly provides energy environmental protection related equipment and services. The Company operates five segments. The Energy Efficient Power Generation and Environmental Protection Equipment Manufacturing segment is engaged in the design, production and installation of related equipment, including waste incineration boilers and biomass boilers. The Power Plant and Environmental Engineering and Services segment provides general contracting services for the thermal power plant project and photovoltaic power plant project. The Municipal Environmental Protection Engineering and Services segment involves solid waste disposal projects and services. The Local Thermal Power Operation Service segment provides electricity and heating. The Environmental Protection Operation Service segment invests and constructs solid waste disposal projects.