Yue Fu Wah released the 2010 interim report last night that the company will turn a profit in the middle of 2010, the company also said that the transfer of State shares to the Zhuhai Port holding company has been registered. The company is expected to profit in the first half of 2010, will achieve net profits 7000~9000 million yuan, earnings per share of 0.20 yuan ~0.26 yuan, the same period last year, the company loss of 34.39 million yuan, equivalent to 0.1 yuan per share loss. Yue Fu Wah said that the main reason for the performance change is that the company shares 15% of Zhuhai bi-Chemical Co., Ltd. on the 2009 profit implementation distribution, the company according to the proportion of equity to confirm investment income of 93.1329 million yuan. Zhuhai Bi-Chemical Co., Ltd. 2009 audited business income of 6,705,960,000 yuan, net profit of RMB 840 million yuan, 2009 can be divided into 620 million yuan profit. The distributable profits are assigned in cash by December 31, 2010. Prior to the first quarter, Yue Fu Wah basic earnings per share-0.0504 yuan, diluted earnings per share-0.0504 yuan, earnings per share (deduction)-0.0421 yuan, per share of net assets of 3.5999 yuan, net assets yield-1.4002%, weighted average return on net assets-1.39%, Net profit attributable to the owner of the parent company-17.39 million. The company also issued a notice that the state share transfer registration completed. The company's largest shareholder Zhuhai the people's government state-owned Assets Supervision and Administration Committee held 56.57 million shares of the company's free transfer to Zhuhai Port Holding Group Co., Ltd., the transfer of ownership of the relevant procedures were processed yesterday. After the equity transfer is completed, the state-owned Assets Supervision and Administration Committee of the Zhuhai People's government no longer directly holds shares in the company, but is still the actual control person. Zhuhai Port Holding Group Co., Ltd. holds 56.57 million shares of the company, accounting for 16.4% of the total share capital, the company's largest shareholder, shares of the nature of the unlimited conditions of sale of the circulation of shares.
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