【Abstract】18 July evening, Jiangsu Hengtong Optic-Electric released 2018 Half-year Business Growth Prediction Announcement, estimating an 45% to 75% increase of the net profit attributable to shareholders of listed companies in 2018, and a 43% to 78% increase of the net profit after deducting non-recurrent gains and losses attributable to shareholders of listed companies in 2018.
18 July evening, Jiangsu Hengtong Optic-Electric released 2018 Half-year Business Growth Prediction Announcement, which estimated that the net profit attributable to shareholders of listed companies in 2018 is 1.1127593 billion yuan to 1.3429853 billion yuan. Compared with the same period last year, it will increase 345.3391 million yuan to 575.5651 million yuan, an increase of 45% to 75% over the same period last year.
At the same time, it was estimated that the net profit after deducting non-recurrent gains and losses attributable to shareholders of listed companies in 2018 is 1.024257 billion yuan to 1.2749492 billion yuan. Compared with the same period last year, it will increase 307.9934 million yuan to 558.6856 million yuan, up 43% to 78% from the same period last year.
According to the announcement, benefiting from the continued strong demand for the product chain of optical communications networks, together with the monthly-increasing output of the company's new-generation optical rods, optical equipment and devices, technical level and market scale of the company’s core main business, such as the optical communication, leaped forward to a new era, promoting the further improvement of the company’s operating performance.
Under the announcement, main reasons for the anticipated increase in the current period's performance also included the growing need for international ocean optical fiber communications and the development of marine resources, more than 10000 kilometers of international ocean communication cable the company deployed, its further-enhanced technical strength of ocean optical fiber communication and monitoring, as well as the improved synergistic effect of domestic and foreign markets. During the reporting period, the profitability of the company's ocean communications and systems integration business were further promoted; thanks to the global demand for offshore wind power construction, the company delivered 500kV large length submarine cable with the highest voltage level; and profitability of the company's ocean power and systems integration business were further enhanced as well.
In addition, during the reporting period, the company's international business revenue maintained a relatively rapid growth, and profit level was further improved.
|
.jpg)
