The third quarter net profit is not enough million U.S. shares seized power ended performance landslide

After two years of fighting, the United States Tatsu shares (market, interrogation) the actual control of Liang Weidong finally took control of the right. However, despite the end of the long-running control debate, the steady decline in US shares since 2012 has been hard to reverse. On the night of October 10, earnings forecasts for the company's shares revealed that net profit for the first three quarters was expected to be about 8.4 million yuan, down about 58% from a year earlier. It is noteworthy that the U.S. shares in the third quarter profit is expected to be only 910,000 yuan. The US shares said that the sharp decline in product sales unit price drop and lead to reduced operating income, while the price of products fell more than the price of raw materials fell, resulting in a decline in product gross margin. In addition, labor costs increase, resulting in increased operating costs. Before July 20, 2011, Liang, Liang Shaoxun, Liang Weidong held shares of the original holding shareholder of the United States and health group 33.34%, 33.33%, 33.33% of the equity, resulting in infighting and spread to the listed companies, and finally signed the separation agreement of the "General agreement" to reach a brief compromise, Liang Weidong became the actual controller of the United States. At the end of last year, however, the three sides began wrangling over the deal. Earlier this year, Liang publicly announced that it would no longer comply with the agreement and tried to recommend candidates to the board of Directors of the United States and to vote against it at this year's shareholder meeting. Until July this year, the three parties to shake hands, Liang full implementation of the previous separation agreement, Tianjian Group and the United States and the actual control of the company officially changed to Liang Weidong. In fact, the first two years of infighting have led to a "setback" in the performance of the US shares. Public information shows that the company's revenue and net profit rose by 52% and 5.9 times times respectively in the year before, in 2010, and in 2011, the growth of both indicators began to decline, and in 2012, the worst year of infighting, revenue and net profits were down by 17% and 76% respectively. This decline has not changed until the first half of this year.