Zhaochi shares expect net profit in the first three quarters to increase by 20% to 50%

On August 1st, Zhaochi Co., Ltd. (002429) released its performance forecast for the first three quarters of 2017. The company anticipates that the net profit attributable to listed company shareholders will range between 420 million and 525 million yuan, representing a year-over-year increase of 20.00% to 50.00%. This growth contrasts sharply with the average net profit growth rate of the audio-visual equipment industry, which stands at -27.99%.

The company attributes its positive outlook to several key factors. First, it has been actively expanding its market presence and intensifying product promotion efforts, achieving notable success in its industrial restructuring. As a result, the primary business revenue across all sectors is anticipated to grow steadily. Second, the company has implemented stringent cost and expense control measures. Additionally, the widespread adoption of information systems and advancements in automated management practices have contributed significantly to reducing operational costs while enhancing overall efficiency. These strategic initiatives have played a crucial role in driving the company’s performance upward.

It’s worth noting that this forecast reflects the company’s current expectations, but actual results may vary due to uncertainties inherent in the business environment.


As the global economy continues to evolve, Zhaochi remains committed to staying ahead by leveraging innovative strategies and maintaining a strong focus on both quality and efficiency. The company's ability to adapt to changing market conditions and its dedication to continuous improvement bode well for its future prospects. Investors are encouraged to keep an eye on further developments as the company progresses through the remainder of 2017. The performance forecast highlights Zhaochi's resilience and adaptability in a challenging industry landscape. By balancing aggressive market expansion with meticulous cost management, the company has positioned itself favorably against competitors. While there are always risks associated with projections, the combination of internal strengths and external opportunities suggests a promising trajectory for Zhaochi in the coming years. In summary, Zhaochi's proactive approach to market dynamics and operational optimization not only bolsters its competitive edge but also strengthens investor confidence. As the company moves forward, it will undoubtedly continue to refine its strategies to ensure sustainable growth and profitability.

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