Investment income help push Blum Eastern performance suspect escort restricted shares lifted
Source: Internet
Author: User
"Financial Network" trainee reporter Han Songhui Blum East (601339.SH) 2013 1-the end of June operating income fell slightly, net profit rose more than 50%, mainly attributable to the investment income of up to 89 million yuan. It is noteworthy that the company September 27, 37 million restricted shares lifted, the company suspected through the disposal of assets to the performance of the escort restricted shares lifted. Blum Oriental September 23 announced that there will be 37 million shares of the original shareholder restricted shares on September 27 lifted. The announcement shows that the lifting of the restricted stock for the Mianyang Science and Technology City Industrial Investment Fund (Limited Partnership) (hereinafter referred to as "Mianyang Industry Fund") held 18.5 million shares, Citic Industrial Investment Fund (Hong Kong) Investment Co., Ltd. held 18.5 million shares, total 37 million shares, accounting for the company's total capital of 4.93%. The company released in the early days of the report showed that the company 2013 1-June operating income of 2.19 billion yuan, reduced by 303 million yuan a year earlier, down 12.17%. However, the company's net profit in the current period has not been increased, up to 314 million yuan, up 52.91% per cent year-on-year. Securities Market Weekly reporters noted that the sharp rise in net profits was largely attributable to investment returns as revenues fell. Earnings showed that the company's first half of this year's investment income reached 89 million yuan, up 4.32 times times year-on-year. Obvious subjects show that the company's investment income mainly from the disposal of long-term equity investment, up to 47.788 million yuan, the Department of Xinjiang subsidiary Stock Transfer. In addition, the company to dispose of trading financial assets also achieved 6.176 million yuan investment income. In addition, the financial costs of the eastern period of Blum reached 1 time times more than 1 million yuan. The Chinese newspaper explained that the 2013 1-June interest payments were reduced. It is worth noting that the company also has 108 million yuan in the current period of fair value changes in net income and 2 million yuan of non-operating revenue. The company's other operating income and non-operating income in the current period accounted for 36.4% of the total net profit of the company in the current period. Financial analysts said that the company's efforts to main outside the earnings of the performance, may be the next restrictions on the ban on restricted stocks escort. Data show that the main business in the east is the development, production and sales of color spinning. The latest annual report data, for example, the company's color spinning sales accounted for its main revenue ratio of 81.34%. In the first half of this year, the operating income of Blum Oriental at home and abroad was 1.13 billion yuan, 775 million yuan, respectively, year-on-year decline of 7.87%, 8.36%. In addition, the company operating activities in the first half of the cash flow net amount of 58 million yuan, the net profit quality is obviously not high. As of September 23 10:44, Blum Oriental shares reported 8.67 yuan/share, up 0.23%. (Stock market weekly Feeds) "Author: Han Songhui" (Edit: Li Guolu)
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