129773932896093750_34⊙ Reporter Song Yuandong 0 edit Qiu Jiang after the 2011 net profit was almost flat, double star new material this year's sharp drop in net profit in the first quarter: 30%.
Compared with doubling net profits year after year as Grand prior to listing, companies face changing the speed at which the performance at an alarming rate. Report shows that in 2011, the company achieved sales revenue of 1.956 billion yuan, an increase of 34.51%; $ 383 million in net profit, up only 0.14%.
Meanwhile, the company expects net earnings fell sharply in January-March of this year 30% per cent, mainly due to a large uncertainty is still the economic situation at home and abroad, industry downturn the company main product prices of pet film has a certain level of decline over the same period last year. Although the company launched10 10 10 distribution plans, but failed to prevent the company's shares fell, closing is still falling 9.83%. From annual reports, company's poor performance in 2011 and is closely related to sales prices of pet film. Last year, the company income $ 1.57 billion of polyester film, despite an increase of 53.02%
tera gold, but gross margins fell sharply to 24.86%.As the company's main product, polyester film revenues of more than 80%. It is worth mentioning that, on June 2 last year, up for stars of new material listed before and after the performance of fire and ice in two days. Prior to listing
tera power leveling, company net profit growth rates continue to grow exponentially. According to the IPO Prospectus, double star new material 2010 revenue of $ 1.454 billion, net profit 3. $ 8.2 billion, compared with 2009 growth and 451.43%, respectively, and 2009 earnings jump in 2008 241%, 2011 even sharp growth in sales and net profit per cent respectively in the first half and 135.37%. Performance point just appear after listing. 2011 toIn September, double star new material revenues of $ 444 million, up only 2.13%; $ 59.44 million net profit, up fell 50.45%.
Immediately after four quarters, as well as in the first quarter, company performance continued to slump. Online statement Gold: gold online reprint of the above content
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