The poor performance of the 40 million rotor Amoi company 70% shares

Mobile communications products decreased profitability in the first half of this year, Amoi losses, has been unable to continue to be optimistic about the industry investment. Yesterday, Amoi announced, agreed to the price of 40 million yuan to sell the company holds 70% stake in Shanghai jade microelectronics company.

The Secretary of the board of directors of Amoi Electronics, Shanghai Huarun electronics mainly engaged in advanced voice, video, multimedia chip research, founded in 2003. Amoi has for the company invested 30 million yuan, holding 70%. However, Shanghai jade has been in the early stages of micro research, not only input output, the company is expected to wait until the end of this year to achieve industrialization. But now, Amoi itself poor operating conditions, has no power for the subsequent investment of the company, had to stake out. The equity transfer will generate 33 million yuan of profits.

Amoi yesterday released the same period this year's semi annual report shows that the first half of the company's net loss of 57 million 570 thousand yuan, down 166.45% over the same period last year. Main business profit of 440 million yuan, a decrease of $200 million over the same period last year. Net asset income, gross profit margin also decreased by 10.71% and 8.04%.