Tin shares in the first three quarters of the big loss of large sums or make performance bath

Every reporter Mong Lin tin shares (000960, closing price of 12.85 Yuan) recently because of the arrest of the chairman of the market attracted the high attention of the management of the accident, the company's performance is also not ideal. Today, the Tin shares issued the first three quarterly results forecast, the company's first three-quarter net profit loss of 980 million ~10.1 billion, the year-on-year decline of more than 1200%. It is important to note that the company's performance this year has been a significant loss due mainly to large inventories and major products falling sharply from last year, some financial sources pointed out that this year's volume is relatively large, although the loss is serious, but if it is a one-off, the company's future performance can be achieved a large reversal of the so-called " Shower. " 减亏 in the third quarter clearly according to the announcement, Tin shares in January-September this year net profit loss of 980 million ~10.1 billion, and the same period last year was a profit of 85.42 million yuan. It is noteworthy that the company's performance in recent three years has continued to decline in 2011, the company's relatively ideal performance, the year to achieve a profit of 697 million yuan, an increase of 90%, last year, although still achieve profit, but a sharp decline of 95%, this year has been a single quarterly losses. For the reasons for the loss of performance, the company said the main product sales prices than a year earlier, resulting in a larger decline in sales of gross profit margins, and the company for the sharp decline in product prices, lead, silver, copper, finished goods, raw materials, intermediate turnover of goods to make a large inventory price. However, to the delight of investors, compared with its first two quarterly earnings report, Tin shares in the third quarter 减亏 effect. Among them, the company lost 194 million yuan in the first quarter, two-quarter loss of 771 million yuan, calculated three-quarter losses to 15 million ~0.45 billion.　　The company said that the effective improvement in the performance of the three quarter was mainly due to a slight pick-up in the market prices of major products, as well as a reversal of the stock depreciation prepared in some two quarters, and the effectiveness of various management measures, such as the company's active internal tapping and cost control. Future performance is expected to flip for this year's big changes in performance, some investors in the interactive platform or stock bar in the doubt, the performance of the possibility of a bath suspect? Reporter inquires The notice found that in the 2008 financial crisis, the company in the year to mention the loss of inventory price is only 236 million yuan. A financial person told the Daily economic news Reporter: "The provision of impairment is a listed company's regular financial management means, the company can be based on the actual situation to take into account, after the performance will often appear more drastic changes in the tin industry shares if a one-time full, The future of performance can actually be achieved by flipping the so-called performance bath. "Wanguo [Weibo] Recent research paper also put forward a similar view, due to the two quarter of the full, if the second half of the price of tin, copper rebound, asset impairment loss exists back to the possibility, and then is expected to enhance the company's profitability."