Kama Co., Ltd. Provides Earnings Guidance for the Year 2019
January 19, 2020
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Kama Co. Ltd. provided earnings guidance for the year 2019. For the year, the company predicts that the net profit belonging to shareholders of the listed company in 2019 will be between RMB 30 million and RMB 34 million, with an increase of between RMB 147.66 million and RMB 151.66 million compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 69 million and RMB 65 million, with an increase of between RMB 171.07 million and RMB 175.07 million compared with the same period of the year before.
Kama Co Ltd is a China-based company primarily engaged in the production and sale of trucks and small electromechanical products. The Company conducts its business through three segments. The Truck segment provides products such as mini trucks, light trucks, engineering vehicles, special vehicles, electric vehicles and pickup trucks. The Internal Combustion Engine segment provides single-cylinder diesel engines, multi-cylinder diesel engines, agricultural equipment and oil pump products, as well as small electromechanical products such as generators, engines and tea garden machinery. The Trading and Others segment is engaged in the trading business of trucks and electromechanical products. The Company conducts its businesses primarily in the domestic and foreign markets.