Oriental Garden sign 1.2 billion yuan big single twice in last year's operating income

Oriental Garden Today announcement, May 7 and Datong Urban Landscaping Construction Management Service Center signed the "Datong Wen Yinghu Project Landscape Project Contract", the total amount of 1.2 billion yuan, the project scale of about 4 million square meters, unit cost 300 yuan/square meters, the duration of two years. It is announced that the project will pay monthly progress payments.　　The completion of the monthly production value of the Evaluation Center evaluation of the results of the project settlement to the Financial Assessment Center of Datong City assessment. The data show that the contract is the first Super 1 billion yuan garden landscape project undertaken by Oriental Garden.　　The company said that the implementation of the contract will greatly increase operating income and operating profits, 2010, 2011, 2012 operating performance will have a positive impact. At present, the announcement of the total contract price of 1.2 billion yuan, equivalent to 2009 years of Oriental Garden 2.06 times times the total revenue. Based on this, if the time limit of two years, the average net interest rate of 2009 to estimate 14.33%, then the contract in the year for the Oriental Garden accounting net profit can reach 86 million yuan.