Yonyou Network Technology Co., Ltd. Provides Earnings Guidance for the Full Year of 2019
January 15, 2020
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Yonyou Network Technology Co., Ltd. provided earnings guidance for the full year of 2019. For the year, the company expects the net profit belonging to shareholders of the listed company in 2019 will be between RMB 1,040.62 million and RMB 1,285.47 million. The net profit belonging to shareholders of the listed company in 2019 after excluding extraordinary profit and loss will be between RMB 611.98 million and RMB 718.42 million. The net profit belonging to shareholders of the listed company in 2019 after excluding extraordinary profit and loss will be between RMB 611.98 million and RMB 718.42 million, with an increase of between RMB 79.82 million and RMB 186.26 million compared with the same period of the year before and with a year-on-year increase of between 15% and 35%.
Yonyou Network Technology Co., Ltd. is specialized in the development and manufacturing of management software products. These products are used for enterprise resource planning, human resource management, office automation, customer relationship management, product lifecycle management, etc. Net sales break down by activity as follows:
- services (69.1%): maintenance, technical support, consulting, and training services;
- sale of licenses (29.6%);
- other (1.3%).
China accounts for 98.4% of net sales.