Energy-saving lamp market performance is low, Snow Wright's net profit fell by 30% in 2012

January 30, 2020

On February 28, Shell Wright released the 2012 performance report. During the reporting period, the company's total operating income was 417 million yuan, down 10.98% from the same period of the previous year; the total profit was 15.32 million yuan, down 38.76% from the same period of last year; The net profit of the company's shareholders was 15 million yuan, down 30.08% from the same period of last year; the basic earnings per share was 0.08 yuan.

During the reporting period, the reason for the decline in performance was: the performance of the main energy-saving lamp sales market was sluggish; in 2012, the company increased the sales channel construction investment, which led to an increase in sales expenses, increased research and development of new products, increased technology research and development expenses, and partial asset reduction. The increase in value loss led to a decrease in operating profit; in 2012, the cost increased year-on-year, and some asset impairment losses increased, resulting in a decrease in net profit attributable to shareholders of listed companies.

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