Sun.King Power Electronics Group Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ending June 30, 2017
June 14, 2017 at 12:22 am EDT
Sun.King Power Electronics Group Limited provided consolidated unaudited earnings guidance for the six months ending June 30, 2017. The expected consolidated net profit of the Group is expected to record a remarkable growth for the six months ending 30 June 2017 as compared to the same period of 2016. The significant growth in the consolidated net profit was mainly attributable to the growth in expected sales revenue resulting from the increase in orders and delivery volume of the Group's power
transmission sector; the continuous enhancement in consolidated gross profit margin; and effective cost control.