Buddha third quarter net profit loss of 26 million 820 thousand year on year decrease of 124%

In October 29th, FSL announced third quarter earnings report, the reporting period, the company achieved operating income of 708 million yuan, down 12.91%; attributable to shareholders of listed companies net profit loss of 26 million 823 thousand and 800 yuan, down 123.99%.

Unit: Yuan

Announcement shows that in March 2013 the Guangdong securities regulatory bureau to make administrative punishment for the company information disclosure of illegal behavior, from September 2013 to October 2015, a total of 2755 plaintiffs in the Securities Misrepresentation liability dispute on the grounds that the proceedings were to the Guangzhou City Intermediate People's court, asked for illegal information disclosure shall bear the civil liability of the company, and the company for compensation 384 million 111 thousand and 400 yuan RMB and HK $1 million 328 thousand. From November 2014 to September 2015, Guangzhou City Intermediate People's Court of the 2182 cases in the case verdict, require the company to the 2182 plaintiffs compensation 150 million 868 thousand and 400 yuan and HK $2 million 268 thousand and 300 yuan, and bear the litigation costs 2 million 548 thousand and 600 yuan, a judgment has been fully implemented. Currently, there are 573 cases without judgment.

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