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Tongfang shares in 2016 net profit growth of more than 225%, the sale of equity profit 4 billion 468 million

Yesterday (23) evening, Tongfang released 2016 annual forecasted announcement, the year 2016 is expected to achieve net profit attributable to shareholders of listed companies with the same period last year (the year 2015 statutory disclosure data), will increase 225% to 265%.

According to the announcement, due to the performance greater than the same period last year the growth is mainly in the company this year to sell purple core Limited by Share Ltd (hereinafter referred to as the "Purple core") and the Longjiang environmental protection group Limited by Share Ltd (hereinafter referred to as the "Longjiang environmental protection") controlling interests, confirm the income related to disposal of assets, the formation of non recurring gains larger. The details are as follows: (a) in this period, the sale of the company's core light controlling interest (36.39% stake) and according to the fair value of the remaining shares (4.99%) recognized as financial assets available for sale, the tax withholding and taking into account the tax deferred income after the formation of the control of disposal of net income 5 billion 541 million yuan. (two) during the current period, the company sold the controlling interest in environmental protection in Longjiang, forming a net profit of $433 million after tax treatment. (three) this period, company sold Nantong Tongfang Semiconductor Co., Ltd. 100% stake and Shenzhen Tongfang Multimedia Technology Co. Ltd. 100% stake, the formation of the control of tax disposal net loss of -11.72 billion yuan. (four) in the current period, the company held a fair value measurement and its changes included in the current profit and loss of financial assets due to market volatility, and consider the impact of deferred income tax, the net loss of -3.34 billion.

Company said, the above four total effect of the Company attributable to shareholders of listed companies net profit amounted to 4 billion 468 million yuan, and included non recurring gains and losses. In addition, the company's non recurring gains and losses will also be subject to government subsidies and other non operating income and expenditure items. The influence of deducting non recurring gains after the company expects the period attributable to shareholders of listed companies net profit after deducting non recurring gains and losses of -45000 million yuan to 150 million yuan, compared with the same period last year (the year 2015 statutory disclosure data) decreased, mainly because the company semiconductor business and multimedia business performance continued according to the equity method of accounting company decline, Chongqing Guoxin Klc Holdings Ltd year-on-year decline in investment income and the company will no longer be included in the scope of consolidation, sinomanic violet.

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