Tailong Lighting expects net profit for the first three quarters to increase by 34% to 53% year-on-year

On October 12, Tailong Lighting released a performance forecast. The company expects the net profit attributable to shareholders of listed companies from January to September 2017 to be 38.72 million to 43.97 million, a year-on-year change of 34.00% to 53.00%.

The company makes the above predictions for the following reasons:

1. During the reporting period, the company continued to promote new product research and development and technological innovation, further increase market development efforts, and various businesses continued to maintain the trend of growth in the first half of the year. On the other hand, the company's increased cost and cost control led to profit growth.

2. In the report period, the impact of non-recurring gains and losses on net profit is estimated to be between RMB 2.1 million and RMB 2.6 million.


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