Mei Ling Electric net profit of the first half of the year increases nearly 6 times times

Mei Ling Electrical appliances, Wan Mei Ling B today both released performance forecasts, the first half of the estimated net profit of about 210 million yuan, the basic earnings per share of about 0.5077 yuan, the year-on-year growth of about 591.22%. The report said that the main reason for the performance change is that during the reporting period, the company sold some of the financial assets available for sale after after-tax investment net income of about 114 million yuan; At the same time, the company benefited from "home appliances to the countryside" and other macro-policies, product sales scale increase, promote business performance. In addition, at the end of December 2009 the company acquired the Sichuan Changhong air-conditioning company and Zhongshan Changhong Electric Company, so that the scope of consolidation of the reporting period increased.