Xianhe Co.,Ltd. Provides Financial Guidance for 1St Half of 2020
July 12, 2020
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Xianhe Co.,Ltd. provided financial guidance for 1st half of 2020. The Company predicts that the net profit belonging to shareholders of the listed company in the 1st half of 2020 will be between RMB 270 million and RMB 290 million with an increase of between RMB 139,244,200 and RMB 159,244,200 and an increase of between 106.49% and 121.79% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB228 million and RMB245 million with an increase of between RMB97,339,000 and RMB114,339,000 and an increase of between 74.50% and 87.51% compared with the same period of the year before.
Xianhe Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of specialty papers. The Company's main products include paper used in tobacco industry, paper used in home decorating, paper used in business communications and anti-counterfeiting, paper used in food and medical packaging, paper used in labels, electrical and industrial paper, paper used in thermal transfer, low quantitative publishing printing paper and others. The Company mainly distributes its products within domestic market.
XIANHE CO.,LTD. 
