Today, Ebison disclosed its first-quarter performance forecast for 2018. The company expects to realize a net profit attributable to the shareholders of the listed company from January 1, 2018 to March 31, 2018 of 21.19 million yuan – 23.12 million yuan. The profit for the same period of the previous year was 1,284,700 yuan, which was an increase of 65% - 80% in the same direction.
Absen said that the pre-increase in performance mainly benefits from the company display With the rapid growth of orders for screens, the company achieved an operating income of 334 million yuan, an increase of nearly 70% year-on-year, resulting in a rapid growth in company performance. In the first quarter of 2018, the company achieved LED display Orders amounted to approximately RMB 423 million, an increase of approximately 29% year-on-year; Display hotel operating business realized operating revenue of approximately RMB 13.83 million, an increase of approximately 108% year-on-year. The company exhibited a favorable development trend in 2018. Although the first quarter of 2018 The company's performance has achieved rapid growth. However, due to exchange rate fluctuations, the exchange loss in the current period was approximately RMB 15.81 million, which inevitably affected the higher growth of the company's performance. The company’s non-recurring profit and loss in the first quarter affected the company's net profit. 4.26 million yuan, to receive government grant income.
