Help for two reasons Jinlu Group forecasted to 13-15 times
shadow report released late yesterday, Golden Way Group said it expects 2010 net profit of 80 million -9500 million, an increase of 1311.43% -1576.08%; basic earnings per share of 0.1313 yuan -0.1559 yuan, up -1576.34% 1311.83% increase. In 2009, King Road, group net profit 5,668,000 yuan, the basic earnings per share of 0.0093 yuan.
King Road Group, said in 2010, the company leading product PVC resin driving rate increased over the previous year, sales prices and sales volume increase over the previous year, profitability increased over the previous year, profit 10 million yuan -2000 million. In addition, the Company transferred Construction and Development Co., Ltd. shares the island of Mianyang, realized investment gains 50 million -6000 million. Announced on December 1 last year, the Golden Road Group has announced that the state policy of intensive control the introduction of real estate, making the company holding the real estate development enterprises in Mianyang of the island by the Construction and Development Co., Ltd., decided to sell 300 million yuan The island holds 98.26% stake building.
at King Road Group, said the company expects to achieve the transfer of the transfer gain of approximately 68 million yuan, the company 2010 annual earnings will have a positive impact. In addition, the transfer, will recover nearly 470 million yuan in cash, the company will optimize the integration of internal industrial, solid polyvinyl chloride (PVC) the main industry.
Jinlu Group yesterday closed at 8.19 yuan, or 1.21%.
