Zhenghong Technology expects net profit in the first three quarters to increase by 451% year-on-year to 521%

On October 11, Zhenghong Technology (000702) issued a performance forecast, the company expects the net profit attributable to the shareholders of listed companies from January to September 2017 to be 15 million to 18 million, a year-on-year change of 450.76% to 520.91%, and the average net profit growth rate of the agricultural product processing industry is 19.61%.

The company made the above forecast based on the following reasons: 1. The gross profit of the company's product sales increased. 2. The state-owned land use rights of the JianNiubao Branch of the company and the above-ground buildings and attachments are collected and stored by the government, and the income is about 7 million yuan.