Tcl expects 85 million yuan in first-half profit to fall 80%

July 15 Morning News, TCL announced today that the first half of 2009 net profit is expected to be about 85 million yuan, down about 80%, in addition, the Bulletin said its senior vice President Liu resigned.　　TCL Group estimated net profit in the first half of 2009 of about 85 million yuan, down about 80%, because it accounted for the transfer of low-voltage electrical business income of about 343 million yuan, in accordance with the elimination of the equity transfer proceeds after the net profit year-on-year calculation, 2009.5 annual net profit growth of about 10%. Tcl Group also announced that, according to Liu I intend, for personal reasons, Liu has recently submitted a written resignation to Tcl's board of directors, resigned from his position as senior vice president, resignation since July 15, 2009 effective. (Wood)