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Qingdao Doublestar Releases Predication for Q1-Q3 Business Results

Qingdao Doublestar Co., Ltd. released on Oct. 12 the business predication for the first three quarters of this year.

In the first nine months of this year, the net profit attributable to shareholders of Qingdao Doublestar is predicted to be in the range of 75.84 million to 84.27 million yuan, up 80%-100%.

The company said that the net profit growth was accomplished as it insisted in the “first, open, innovation” strategies, boosted market segmentation, organizational and operational reforms, to serve the strategy of Internet of Things.

In addition, Qingdao Doublestar focuses on diversified innovation and deploys the business globally, accelerates privatization of business units and has achieved sound progress.

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