HangZhou Nbond Nonwovens Co., Ltd Provides Earnings Guidance for the Year 2019
January 19, 2020
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HangZhou Nbond Nonwovens Co., Ltd. provided earnings guidance for the year 2019. For the year, the company expected net profit belonging to shareholders of the listed company in 2019 will be between RMB 85 million and RMB 96 million, with an increase of between RMB 29.75 million and RMB 40.75 million compared with the same period of the year before and with a year-on-year increase of between 53.85% and 73.76%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 79 million and RMB 88 million with an increase of between RMB 35.39 million and RMB 44.39 million and an increase of between 81.15% and 101.79% compared with the same period of the year before.
Hangzhou Nbond Nonwovens Co., Ltd. is principally engaged in research and development, manufacture and sales of spunlaced nonwovens and related products. The Company's main products include health cloths, synthetic leather substrates, beauty care materials, industrial cleaning cloths, medical protective materials, wet towel materials and personal health care products, among others. Its products are mainly applied in the fields of aesthetic nursing, industrial materials, civil cleaning and medical materials. The Company distributes its products within the domestic market and to overseas market.