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Sep 08th
Sector News > Technology > 150% Decrease in Net Profit Projected in 1H 2008

03

Jul

150% Decrease in Net Profit Projected in 1H 2008 Print E-mail

(000532) LIHE CO.,LTD

According to preliminary data, the company’s net profit for 1H 2008 is projected to have decreased by approximately 150% (RMB 16 mln to 19 mln) when compared to the same period in 2007, when net profit was RMB 34,937,590 and EPS was RMB 0.10.
The decrease can mainly be attributed to the sharp decline in earnings from investments in securities investment by a subsidiary of the company.
Detailed figures regarding the matter can be found in the 2008 Semiannual Report of the company.
Board of Directors
2 Jul 2008
Source: Securities Times
Date: 3 Jul 2008
CN01/JZ/JL/BT/MM

Newsnchina.com
 
 

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