China Sports Industry Group Co., Ltd. Provides Preliminary Earnings Outlook for the Year 2018
January 27, 2019
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China Sports Industry Group Co., Ltd. provided preliminary earnings outlook for the year 2018. For the period, the company predicts an increase of between RMB 20 million and RMB 27 million in its net profit owned by shareholders of the company compared with the same period of the year before, with a year-on-year increase of between 34% and 46% (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will increase by between RMB 20 million and RMB 27 million compared with the same period of the year before, with a year-on-year increase of between 35% and 48% (based on the disclosed statistics according to relevant regulations).
CHINA SPORTS INDUSTRY GROUP CO., LTD. is a China-based company primarily engaged in the sports related businesses. The Company's main businesses include the management and operations of sports events, the design, consulting, construction and management of sports venues, the production of sports content, the provision of sports related intermediary services, sports lotteries and sports real estates, among others. The Company mainly operates its businesses in domestic and overseas markets.