Camel Group Co., Ltd. Provides Earnings Guidance for the First Half of 2018
July 11, 2018
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Camel Group Co., Ltd. provided earnings guidance for the first half of 2018. The company predicts that the net profit in the first half of 2018 will be between RMB 279.35 million and RMB 304.35 million with an increase of between RMB 65 million and RMB 90 million, an increase of between 30.32% and 41.99% compared with the same period of the year before. The net profit after excluding extraordinary profit and loss will be between RMB 231.39 million and RMB 251.39 million with an increase of between RMB 90 million and RMB 110 million, an increase of between 63.65% and 77.8% compared with the same period of the year before.
Camel Group Co Ltd is a China-based company principally engaged in the research, development, manufacture and sales of storage batteries. The Company's main products include lead-acid batteries, which are applied in vehicle starting, electric road vehicle traction and electric bicycle fields and others. The Company's other products include regenerated lead, electrolytic lead, alloyed lead, liquid sulfuric acid and recycled plastics. The Company operates its businesses in both domestic and overseas markets.