Rainbow New Energy Materials Intermediate Profits Up 4.8 to 5.5 Times – Finance News – Xincheng Finance Channel

Rainbow New Energy Materials Increased Intermediate Profit 4.8 to 5.5 Times

12/7/2018 23:06

Rainbow New Energy (00438) Released Positive Earnings, Expecting Net Profit for the first half of the year, up 4.8 to 5.5 times YoY, to 175 million to 195 million yuan, earnings per share 7.8 points to 8.7 cents.
The improvement in performance is mainly due to the optimization of the product structure, to improve gross profit margin.In addition, the company transferred Zhuhai Caizhu Industry V In one participation , recorded income of about 144 million yuan