PCI-Suntek Technology Co.,Ltd. Provides Earnings Guidance for the Year 2020
January 19, 2020
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PCI-Suntek Technology Co.,Ltd. provided earnings guidance for the year 2020. The company predicts the net profit owned by shareholders of the listed company in 2019 to be between RMB 668,432,700 and RMB 720,858,800, with an increase of between RMB 406,302,200 and RMB 458,728,300 and an increase of between 155% and 175% compared with the same period the year before (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 94,846,900 and RMB 147,539,700 with a decrease of between RMB 115,924,000 and RMB 63,231,300 and a decrease of between 55% and 30% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).
PCI Technology Group Co Ltd, formerly Pci-Suntek Technology Co Ltd, is a China-based company principally engaged in the research, development and application of intelligent technology, products and industry solutions. The Company's principal businesses include the smart rail transportation, the smart city based on public safety, as well as the service and product integration business. The intelligent rail transportation business mainly includes the research, development, design, integration and maintenance of intelligent rail transit systems. The Company mainly operates its business in domestic market.