Economic Newsletter 26 Days Newsletter, Kanglong Hua (03759) (full: 300759) announced that it expects net profit for the year ended 31 December last year to be between RMB11.33 billion (RMB11.87 million), year-on-year increase of 1.07 to 1.17 times, and earnings per share to range from 1.4325 to 1.5017, and NET PROFIT AFTER NON-RECURRING LOSSES RANGED FROM APPROXIMATELY $7.78 MILLION TO $8.28 BILLION, UP 54% TO 64% YEAR-ON-YEAR.

The Group reported operating revenues of approximately $50.35 billion to $52.22 million, up 34% to 39% year-on-year. The Group refers to the increase in net profit due to the orderly implementation of the operating plan, the stable growth of the main operating income last year, the progressive increase in operating efficiency, and the improvement in profitability, which led to corresponding growth in the results. (wh)
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