In 2012, The Performance Of Phoenix Bamboo Was Realized.
At the end of each year, there are always various kinds of government financial subsidies to distribute the listed companies. This is undoubtedly an attractive red envelope for the company whose main business is not very bright. It plays a decisive role in dressing up the current performance. Phoenix Bamboo Spin 2012 achievement To achieve profitability, government subsidies are indispensable.
The main business is weak and red packets give power.
On Wednesday, Feng Bamboo textile announced its earnings forecast for 2012, which is estimated by the company's financial department. It is expected that net profit in 2012 will be turned into a profit. In this regard, Feng Bamboo textile interpretation, first because the company in the second half of 2012 production and operation began to improve; at the same time, the company received investment dividends during the current period. Government subsidy And other factors. However, unlike most companies' performance forecasts, Feng Bamboo textile has not mentioned the amount of prepayment, but said that the specific data will be disclosed in the annual report released in late March.
Compared to the loss of 16 million 770 thousand yuan in 2011, Phoenix Bamboo textile industry turned a profit in 2012, but its share price only increased by 0.89% yesterday. "The loss of corporate performance has been anticipated after receiving two grants, but it is not expected that the announcement will be made now." Some investors say. Phoenix Bamboo textile achieved a slight profit of 1 million 237 thousand and 700 yuan in the first half of 2012, but the current company's operating profit has lost 32 million 788 thousand and 200 yuan. By the end of the three quarter, the company's net profit was 1 million 430 thousand and 300 yuan, and the operating profit deficit has further expanded to 55 million 205 thousand and 700 yuan. The company's production and operation is not bright, but frequent government subsidies become the main help for the company's performance.
The two subsidies mentioned by investors refer to the company's two cumulative awards of 50 million yuan in September 26, 2012 and December 20th. The reason is that the company promotes the adjustment of the industrial structure and healthy development of the local textile industry. In fact, the company achieved a slight profit in the first half of 2012 in both declining revenues and operating profits, and it also relied on the government's 30 million yuan reward fund in June.
The letter was not questioned in time.
After receiving 50 million yuan of government subsidies in the fourth quarter of 2012, the discussion of Feng Bamboo textile began to sway from time to time. The company did not make a statement about it until yesterday, but it was not until yesterday that it made a performance notice. In addition, the company's two research projects have been delayed through results review, and the announcement has also been questioned.
As a listed company specializing in knitting, dyeing and finishing, knitted fabric, yarn dyed yarn production and environmental protection facilities, the main business of Feng Zhu textile is naturally concerned by investors. However, in the letter from 2012 to the second half of the year, in addition to receiving government subsidies and two shareholders' reduction notice, there are few information about the company's operation. On the 17 th of this month, two scientific research projects related to the development of "anti moisture and moisture absorption and different function knitted fabrics" and "superfine composite fiber like silk knitted fabric development" were reported by many media. The above two projects reached an international advanced level and reached the leading level in China. This obviously promoted the construction of textile technology innovation, but the company refused to comment.
The reporter noted that another listed company, Han cable share (002498), made special announcements in October 9, 2012 for the technical evaluation of "220kV optical fiber composite submarine power cables (including soft joints)" developed by the company.
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