Lianjian Optoelectronics released its forecast for the first half of 2013. It is estimated that the net profit attributable to shareholders of listed companies will be 8.92 million yuan -10.55 million yuan, a decrease of 30%-45% over the same period of the previous year of 150.76 million yuan.
Lianjian Optoelectronics said that the reasons for the change in performance are as follows: 1. From January to June 2013, the total profit of LED display business of Lianjian Optoelectronics Co., Ltd. was approximately 18.612 million yuan - 20.873 million yuan, an increase of 3.2% over the same period last year of 18.04 million yuan - 15.7%, mainly due to the increase in sales revenue.
2. The company's holding subsidiary Linkage Culture (Beijing) Co., Ltd. was incorporated in June 2012. It is mainly engaged in the national LED outdoor advertising network broadcasting business. At present, the time cost amortization and operating expenses of advertising sites have been formed, but the advertising sales have not yet formed. The scale, from January to June 2013, was expected to lose about 10 million yuan. In the same period last year, there was no profit impact on Lianjian Optoelectronics.
3. From January to June 2013, the company's non-recurring gains and losses were approximately RMB 1.32 million, and from January to June of 2012, it was RMB 2.05 million.
Lianjian Optoelectronics said that the reasons for the change in performance are as follows: 1. From January to June 2013, the total profit of LED display business of Lianjian Optoelectronics Co., Ltd. was approximately 18.612 million yuan - 20.873 million yuan, an increase of 3.2% over the same period last year of 18.04 million yuan - 15.7%, mainly due to the increase in sales revenue.
2. The company's holding subsidiary Linkage Culture (Beijing) Co., Ltd. was incorporated in June 2012. It is mainly engaged in the national LED outdoor advertising network broadcasting business. At present, the time cost amortization and operating expenses of advertising sites have been formed, but the advertising sales have not yet formed. The scale, from January to June 2013, was expected to lose about 10 million yuan. In the same period last year, there was no profit impact on Lianjian Optoelectronics.
3. From January to June 2013, the company's non-recurring gains and losses were approximately RMB 1.32 million, and from January to June of 2012, it was RMB 2.05 million.
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