Shida corrected last year's performance forecast net profit loss of 166 million-1.96 billion yuan
The 2013 Third Quarterly Report, which was disclosed on October 25, 2013, is expected to have a net profit loss of 125 million to 155 million yuan in 2013.
Recently, Shida issued the announcement of the revised 2013 annual results forecast. The company estimated the net profit loss attributable to shareholders of listed companies in 2013: 166 million yuan - 1.96 billion yuan, and the profit for the same period last year: 32.131 million yuan.
Shiyida said that the reason for the revised performance was that due to the termination of cooperation between the company and some of the major EMS customers in the fourth quarter of 2013, the existing customers did not show any signs of increase, and the prospects for new customers were unclear, resulting in a large amount of idle assets. Significant signs of impairment; and economic disputes, litigation, inventory impairment, etc. due to the termination of cooperation, the company's 2013 annual operating results changed compared with the original performance forecast.
Recently, Shida issued the announcement of the revised 2013 annual results forecast. The company estimated the net profit loss attributable to shareholders of listed companies in 2013: 166 million yuan - 1.96 billion yuan, and the profit for the same period last year: 32.131 million yuan.
Shiyida said that the reason for the revised performance was that due to the termination of cooperation between the company and some of the major EMS customers in the fourth quarter of 2013, the existing customers did not show any signs of increase, and the prospects for new customers were unclear, resulting in a large amount of idle assets. Significant signs of impairment; and economic disputes, litigation, inventory impairment, etc. due to the termination of cooperation, the company's 2013 annual operating results changed compared with the original performance forecast.
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