Chau Ming Technology estimates that the net profit attributable to shareholders of listed companies in Q1 2012 will be 500,000 yuan - 2 million yuan, which will be 77.11-94.28% lower than the same period of the previous year's 87.3392 million yuan.
Zhou Ming said that the main reason for the decline in the company's operating performance in the first quarter of 2012 was due to the impact of the European debt crisis in 2011 and the intensification of competition in domestic LED application products. The company's export sales and domestic sales declined compared with the same period of last year; This year, the employment cost of enterprises in Shenzhen has increased, which has a certain impact on the gross profit margin of the company's products. In addition, in order to improve the company's competitiveness, the company's R&D, sales and key position management personnel have increased, resulting in management expenses sales expenses. There is a certain increase.
According to the company, this performance forecast is the expectation of the company's financial department to conduct preliminary calculations, and has not been audited by an auditing organization. Specific data for the first quarter of 2012 will be disclosed in detail in the company's 2012 first quarter report.
Zhou Ming said that the main reason for the decline in the company's operating performance in the first quarter of 2012 was due to the impact of the European debt crisis in 2011 and the intensification of competition in domestic LED application products. The company's export sales and domestic sales declined compared with the same period of last year; This year, the employment cost of enterprises in Shenzhen has increased, which has a certain impact on the gross profit margin of the company's products. In addition, in order to improve the company's competitiveness, the company's R&D, sales and key position management personnel have increased, resulting in management expenses sales expenses. There is a certain increase.
According to the company, this performance forecast is the expectation of the company's financial department to conduct preliminary calculations, and has not been audited by an auditing organization. Specific data for the first quarter of 2012 will be disclosed in detail in the company's 2012 first quarter report.

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