Yonyou Network Technology Co., Ltd. Provides Earnings Guidance for the Year 2017
January 28, 2018
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Yonyou Network Technology Co., Ltd. provided earnings guidance for the year 2017. For the period the company predicts the net profit belonging to shareholders of the listed company in 2017 will be between RMB 335.56 million and RMB 394.78 billion, which is expected to increase by between RMB 138.17 million and RMB 197.39 million with an increase of between 70% and 100% compared with the same period of the year before. The company predicts the net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in 2017 will be between RMB 240.24 million and RMB 295.15 million, which is expected to increase by between RMB 102.96 million and RMB 157.87 million with an increase of between 75% and 115% compared with the same period of the year before.
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.