Nanfang (600250): Net Profit Expected To Drop By 69% To 98% In 2020

Nanfang Co., Ltd. (600250. SH) released the annual performance forecast for 2020. It is estimated that the net profit attributable to shareholders of Listed Companies in 2020 will be 3 million to 35 million yuan, a decrease of 73.6 million yuan to 106 million yuan compared with the same period of last year (before retroactive), a decrease of 67% to 98% year on year, and a decrease of 78.48 million yuan to 110 million yuan, a decrease of 69% to 98% compared with the same period of last year (retroactive).

It is estimated that the net profit after deducting non recurring profit and loss attributable to shareholders of Listed Companies in 2020 will be - 40 million yuan to - 3 million yuan, which will decrease by 81.52 million yuan to 119 million yuan compared with the same period of last year (retroactively consistent), with a year-on-year decrease of 103% to 151%.