"To pour" Industrial Bank Fujian Cement "partial recruit"
Source: Internet
Author: User
Xu Rui in the premise of loss of main business, the sale of financial assets has often become the main means for the listed companies to seek results. But the recent spate of capital operations in Fujian Cement suggests that shares can also "dress up" the company's performance. Fujian Cement released its 2009.5 annual performance revision announcement today that the company expects to achieve a net profit of more than 15 million yuan in the first half of this year. Before that, Fujian Cement in the 2009 quarterly bulletin also said that the price of cement continued to decline or the company's main business in the second quarter continued to lose, is expected to be the first half of 2009 cumulative net profit loss of 4500 to 60 million yuan. From loss to profit, selling the investment income of the Industrial Bank is the main cause of the change of cement performance in Fujian. It is reported that Fujian Cement on May 14, 15th through the Shanghai Stock Exchange trading system to 27.642 yuan/share of the transaction price of the cumulative sale of 4.23 million shares of Societe Generale, the transaction amount of 116.9247 million yuan, thus achieving investment income of about 111.8101 million yuan. Quite worth pondering is, after selling the above shares, Fujian Cement then on May 19, the above 4.23 million shares will be bought back, buy up to 28.907 yuan/share, it is not difficult to see, although the number of Societe Generale Holdings has not changed, but Fujian cement in this "low selling high" Behind the more than 5.3546 million yuan, the company for the performance of the loss is "painstaking". However, after the above inverted operation "ahead of the lack of 111.8101 million investment income, Fujian Cement to Societe Generale Bank's investment costs are correspondingly increased, that is, from the original 1.16 yuan/share rose to 4.82 yuan/share."
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