ST Ganhua's total revenue in 2012 Q1 was 81.95 million yuan, down 14.54% from the previous year's 95.9 million yuan; net profit increased by 67.694 million yuan, an increase of 1004.32%; net profit attributable to shareholders of listed companies was 60.95 million yuan. The previous year increased by 1008.50%; earnings per share increased by 0.21 yuan, an increase of 1050.00%.
ST Ganhua said that the increase in performance was mainly due to the strengthening management of Guangdong Biotechnology Development Center Co., Ltd., a wholly-owned subsidiary, to reduce production and operation costs and gradually improve the efficiency. In addition, the company received the supervision and management of state-owned assets of Jiangmen Municipal People's Government in March 2012. The second phase of the committee's support fund was RMB 60 million.
ST Ganhua announced the semi-annual performance forecast for the period from January 1, 2012 to June 30, 2012. It is estimated that the first half of this year will turn losses into profit, and the net profit attributable to shareholders of listed companies will be 61 million yuan to 70 million yuan. Earnings per share were 0.19 yuan to 0.22 yuan.
According to the company, the semi-annual report performance forecast is based on preliminary calculations of the company's financial department based on current operating conditions. The specific financial data will be disclosed in the company's 2012 semi-quarter report.
ST Ganhua said that the increase in performance was mainly due to the strengthening management of Guangdong Biotechnology Development Center Co., Ltd., a wholly-owned subsidiary, to reduce production and operation costs and gradually improve the efficiency. In addition, the company received the supervision and management of state-owned assets of Jiangmen Municipal People's Government in March 2012. The second phase of the committee's support fund was RMB 60 million.
ST Ganhua announced the semi-annual performance forecast for the period from January 1, 2012 to June 30, 2012. It is estimated that the first half of this year will turn losses into profit, and the net profit attributable to shareholders of listed companies will be 61 million yuan to 70 million yuan. Earnings per share were 0.19 yuan to 0.22 yuan.
According to the company, the semi-annual report performance forecast is based on preliminary calculations of the company's financial department based on current operating conditions. The specific financial data will be disclosed in the company's 2012 semi-quarter report.
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