Shanghai Broadband Technology Co.,Ltd Provides Earnings Guidance for the Year 2018
January 28, 2019
Share
Shanghai Broadband Technology Co.,Ltd provided earnings guidance for the year 2018. According to preliminary statistics of its financial department, the company predicts that it will suffer a loss in its net profit belonging to shareholders of the listed company in 2018 compared with the same period of the year before, with the net loss belonging to shareholders of the listed company to be between RMB 2.45 million and RMB 2.7 million, with the net assets owned by shareholders of the listed company at the end of 2018 to be positive. The net loss belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 2.45 million and RMB 2.7 million.
Shanghai Broadband Technology Co., Ltd is a China based company principally engaged in the processing and sales of steel products. The Company's main products include cold drawn shaped steel tubes, cold drawn and cold-rolled seamless steel tubes, medium and low pressure and high pressure boiler tubes, copper rifled tubes for power station high pressure boilers, expansion joints of highway and bridge steel, corrugated beam guardrail, high frequency welded pipes for industrial heat exchangers tubes bundle, bellows, bellows expansion joints and metal hose. In addition, The Company is also engaged in the commodity trading of fuel oil, steel, billets and metallic materials. The Company operates its business in the domestic market and overseas markets.