The winning shares are expected to fall 80%-90% in the first three quarters

Source: Internet
Author: User
Keywords Shares net profit first three seasons
NetEase Financial October 10 News of the success of the announcement announced that the first three quarters to achieve net profit of about 1,119-22.38 million yuan, down 80% to 90%, the basic earnings per share of about 0.02-0.04 yuan, down 80% to 90%.  The Board's statement on performance changes is that, first of all, the company's transfer in the third quarter of 2009 completed the Qingdao Sheng-Tong Coastal Property Development Co., Ltd. 10% Equity, the company's net profit has a significant impact, the issue does not exist during the reporting period.  At the same time, the company still has 313 million Yuan consolidated statement profit not confirmed.  It is reported that June 3, 2010, the victory of the shareholding company Qingdao Sheng-Tong Coastal Property Development Co., Ltd. and Qingdao City Construction Investment (group) Limited liability company signed the "Land resumption Compensation agreement", is expected to increase the company consolidated statement net profit of about 313 million yuan, the matter has a significant impact on the company's performance. Victory shares said that the transaction is currently under normal performance, according to accounting standards, the above transactions are not yet eligible for income recognition.
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