China Shares Are Expected To Earn 22 Million In The First Three Quarters.

The Sino submarine Limited by Share Ltd (hereinafter referred to as "Sino submarine shares") released the first three quarters of October 10th performance notice. The company expects the net profit attributable to shareholders of listed companies during the reporting period will increase by -17.40% to 6.89% compared to 20 million 582 thousand and 300 yuan a year earlier, and the expected profit is 17 million yuan to 22 million yuan. Among them, the net profit attributable to shareholders of Listed Companies in the three quarter increased by 43.90%-66.04% compared with 4 million 517 thousand and 100 yuan in the same period last year, with an expected profit of 6 million 500 thousand yuan - 7 million 500 thousand yuan.


For the changes in the company's performance during the reporting period, the shares said:


1, during the reporting period, China stock holdings adhere to the established development strategy, strive to implement the company's development goals, constantly improve the company's industrial chain layout, continue to carry out technology development and market development and other work.


During the reporting period, the company's wholly owned subsidiary, Shenzhen scuba diving Co., Ltd. operated well, and its profit grew steadily. During the reporting period, a wholly owned subsidiary, Shenzhen Blue Sports Co., Ltd. was consolidated, which had a positive impact on the net profit of the company during the reporting period. In addition, the depreciation and amortization of China diving tower and the increase of initial input costs of various sectors on the industrial chain also affected the net profit during the reporting period. In summary, the net profit attributable to shareholders of Listed Companies in the reporting period is basically flat compared with the same period last year.


2. During the reporting period, the impact of non recurring gains and losses on net profit is estimated to be about 520 thousand yuan.


According to the insiders, China Diving shares actively expand the business of diving training in the field of domestic diving equipment. As a newly emerging sports fine molecule area, which has been developing rapidly, the huge development space of the diving market has given rise to the possibility of unlimited growth of the Sino submarine stock. Whether diving tourism, diving training or deep development in the field of diving equipment, the growth potential of the fine molecular field will help the company grow rapidly. Observation shows that the growth of downstream demand promotes the sustained growth of the diving equipment market, especially the emerging diving market will become the main driving force for the growth of the company's performance.


According to public information, the Sino submarine shares were established in 2003. The company is one of the world's major diving clothing and fishing and clothing production enterprises. Its core products are diving suits and its derivatives fishing and hunting clothing. Its products are exported to nearly 60 countries and regions such as Europe, America and Asia. At present, they have won the recognition of famous international diving equipment brands including O 'NEILL (O'Neill), Decathlon group, C.OLYNCH (C.O Lynch), TWF, LACROSSE (Lake Los), COLEMAN (Gao men) and so on, and have established long-term and stable cooperative relations.


In the field of professional diving, the main customers of Zhongqian share include Tianjin city machinery and Equipment Co., Ltd., China Cultural Heritage Research Institute, Shenzhen deweisheng diving Engineering Co., Ltd., WHITETIPSHARK diving plant, Tianjin Nanjiang Underwater Engineering Co., Ltd. and other domestic and international organizations. They are mainly used for underwater activities such as "Nan'ao 1" and other underwater activities such as "Nan'ao No. twenty-sixth" and "twenty-sixth World University Games", CNOOC and other underwater works, Sanya fire and rescue operations, Marine Research Institute of the State Oceanic Administration, Sanya Marine Bureau, etc., and occupy a certain market share while achieving import substitution.


The company operates the "diving diving world" project, which mainly manages indoor high oxygen diving, diving training, diving experience and supporting services, diving equipment sales and so on. On the one hand, it is conducive to the company platform to promote the diving campaign and cultivate the terminal customer groups; on the other hand, it promotes the rapid growth of the company's own brand diving equipment sales, and ultimately promotes the growth of the main business revenue.


In the first half of 2019, the shares reached 233 million yuan, an increase of 12.36% over the same period last year. The net profit attributable to shareholders of listed companies was 11 million 944 thousand and 100 yuan, down 25.65% compared to the same period last year. At the end of the reporting period, the number of subsidiaries reached 11.