Huafang Textile Three Quarterly Loss
hfang
Spin
Announced the third quarterly report in 2011: basic earnings per share -0.35 yuan, diluted earnings per share -0.35 yuan, basic earnings per share (deducted) -0.4 yuan, net assets per share of 2.44 yuan, diluted assets yield -14.3691%, weighted net assets yield -13.15%, operating income 1203063530.02 yuan, belonging to the parent company owner's net profit -110394068.18 yuan, net profit after deducting non recurring gains and losses -126316590.28 yuan, attributable to 768272874.55 yuan of shareholders' equity of parent company.
Estimated operating results in 2011:
Estimate
The total net profit sustained losses attributable to shareholders of listed companies will drop sharply compared with the same period last year.
The reasons for the performance change are as follows: the weakening of the peripheral economy caused the international cotton price to fall sharply. China's open purchase and storage has tamped down the bottom of the cotton price. The international price differential will increase the import of cotton and the new cotton will be listed in October 2011. Therefore, cotton prices will not rise sharply in the short term.
A large number of high priced cotton stocks and high cost in the early days of the company.
product
Production, the company forecast that the net profit from the beginning of next year to the end of the next reporting period will continue to be a loss, which will drop sharply compared with the same period last year.
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