On October 29, Shenzhen Shiyida issued its third quarter report. During the reporting period, the operating income was 182 million yuan, a decrease of 41.32% over the previous year; the net profit attributable to listed companies was 55.13 million, a sharp drop of 2741% from the previous year. Basic earnings per share - 0.12 yuan.
Shida expects a loss in operating results for 2013, with a loss of 125 million to 155 million. In 2012, the net profit attributable to shareholders of listed companies was 32.17 million yuan.
The reason for the change in performance was that the number and quality of the company's traditional EMS business orders fell sharply, and the gross profit margin continued to decline. The company's LED indoor commercial lighting and other independent brand businesses are in a period of continuous investment.
Shida expects a loss in operating results for 2013, with a loss of 125 million to 155 million. In 2012, the net profit attributable to shareholders of listed companies was 32.17 million yuan.
The reason for the change in performance was that the number and quality of the company's traditional EMS business orders fell sharply, and the gross profit margin continued to decline. The company's LED indoor commercial lighting and other independent brand businesses are in a period of continuous investment.
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