* ST triple in the first half loss of 11.08 million revenue drop Yusi Cheng – GO
Can turn around this year has been the focus of the market parties. Semi-annual report released today showed the first half of the company to achieve operating income of 450 million, while revenue was 825 million last year, down 44.77 percent, while the company's gross profit margin from 3.79% to 8.10% in the first half loss of 11.08 million yuan, The loss of 46.9 million yuan a year earlier, weak movements are curbed. But the industry still worried, because * ST trademark triple in the second half still face ownership rights, litigation and a series of problems, whether a profit this year is still unknown.
* ST triple that half of main business income decreased mainly due to the number of company stores. * ST is triple the country after the reorganization of the United States,
Sanlian Group
The property attributable to its own stores to recover, resulting in * ST triple store Weifang, Zaozhuang shop, Yantai shop off one after another shop, in addition, as the company in Qingdao, Zibo shop stores and heavy losses, but also in the first half has ceased operation. The five stores closing of the company in the first half
Sell
163 million less revenue than the same period.
With main income fell contrast, the company's gross margins have rebounded sharply over last year's 3.79% increase 4.31 percentage points, gross margin because the company established an independent sourcing platform, and the actual controlling shareholder
GOME Electrical Appliances
Signed a "framework purchase agreement" to strengthen the company and the exchanges and cooperation between Gome and mutual sharing of other related products procurement advantages, reduce procurement costs related products, related products to improve both the retail margin. In addition, in February 2009, and from the reorganization of the company board of directors appointed a new management team, launched the development of its own ERP system, since April 1, 2009, the company's new NC (network computer) and Kim SYSTEM on-line to run successfully, the management of business and settlement is more refined.
Walking the edge of the delisting triple * ST gradually into the normalization of production and management though, but it can be profitable this year, is still unknown. Meanwhile, the company also faces a number of legal and other problems. In semi-annual report in reference to "triple"
Service
Trademark dispute over ownership and use rights disputes remain unresolved, while the controlling shareholder and triple the original group still difficult to completely clean up financial relationships. Only the first half of the litigation matters involving the company's announcement had seven, which involved the defendant company as a major joint action of two: one for the Industrial Bank case, a firm case to Jinan. These two cases the amount accumulated to 175 million subject matter of litigation, we can see, * ST triple forced to bear joint responsibility for repayment of the risk of not completely eliminated.
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