Abissen Releases 2018 Earnings Forecast: Net Profit Up 122% To 142% Year On Year

- Jan 14, 2019-

On January 11, abissen released its 2018 earnings preview.

The announcement shows that from January 1, 2018 to December 31, 2018, the net profit attributable to shareholders of the listed company is 235 million yuan to 256 million yuan, an increase of 122% to 142% compared with the same period last year.

According to abisson, the main reasons for the increase of net profit attributable to shareholders of listed companies are as follows: during the reporting period, the company achieved rapid growth in orders and operating income;

The impact of the appreciation of the dollar, exchange earnings increased.

The company estimates that the impact of the amount of non-recurring profit and loss on the net profit is about 9.93 million yuan, mainly from the government subsidies received.