The announcement presents the preliminary performance forecast for Q1 2020, indicating a projected net profit of 1.5 to 3.5 million yuan, a turnaround from a loss of 3.8315 million yuan in the same period last year. The improvement is attributed to coal trading activities and rental income from a subsidiary. The forecast has not been audited by an accounting firm.
Summary generated by AI · Always verify with source document
Securities Code: 002072
Securities Abbreviation: *ST Kairui
Announcement Number: 2020-L024
Kairui Holdings Co., Ltd. Q1 2020 Performance Forecast
The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
Sign in to read the full translation
Free accounts get 10 full releases per month. Pro subscribers get unlimited access.