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NavInfo: 2018 Performance Revision - Expected Increase of 70%-100% in Net Profits
On January 13, 2019, the company disclosed an announcement on performance revision, in which it is previously estimated that the company's net profit in 2018 would increase by 10% to 40% year on year. After the revision, it is expected to earn RMB 451 million to RMB 530 million, an increase of 70% to 100% over the same period last year. The reason for the performance revision is due to the increase of the investment income of Mapbar BVI - the former holding subsidiary, and the increase of the equity transfer fund of AutoChips - the subsidiary.