Hongli Zhihui released its first quarter 2017 results forecast on Wednesday. From January 01 to March 31, 2017, the company's profit is expected to be RMB 68.218 million – RMB 81,121,900, a year-on-year increase of 5%. 25%.
According to the company, the main reason for the change in the first quarter of 2017 compared with the same period of the previous year is that the LED lighting market needs to be better, the company's operating performance remains stable, and the sales revenue has achieved steady growth; the capacity of Jiangxi Hongli's fund-raising expansion project is not complete. The release has a certain impact on operating profit; government subsidies received during the reporting period increased compared with the same period of the previous year.
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