Up to 15 million yuan in the first half of forestry rose 444%

NetEase Finance July 26 news rose to forestry in the late Monday, the Shenzhen stock published 2010.5 annual report. In the first half of 2010, the total operating income of the rise of forestry amounted to 27,503 800,000 yuan, a 13.22% increase from a year earlier, operating profit of 563,300 yuan, a decrease of 67.99% from a year earlier;　　The net profit of the shareholders of the listed company is 1,509.540,000 yuan, which grew 443.78% from a year earlier; Lida Forestry said that the main reason for the decline in operating profit in the reporting period, the company for the strong promotion of market building foundation, increased market input, sales costs significantly increased, while the company sales mainly concentrated in the second half of the seasonal characteristics are still more obvious. Total profit and net profit increased significantly from the same period a year ago: first, the report period of the company received Fiberboard product value-added tax refund 1,540.20,000 yuan; second, the company for Sichuan Jinfeng Paper Co., Ltd. to the Everbright bank loans to provide security, because it is unable to repay after the expiration of loans,　　The Company undertakes the guarantee responsibility and the lawsuit recovery, estimated corresponding loss 8.3199 million yuan, affected the current profit and loss. Up to the forestry forecast, 2009 1-September, belong to the listed company shareholder's net profit 8,564,317.78 Yuan. The main reasons for the performance change: 1, the company's Wood fiberboard products enjoy value-added tax on the return of the tax preferential policy; 2, the company last year undertook the Jinfeng guarantee losses, resulting in the same period last year can be lower than the base.