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By contrast, it earned a net income of CNY 46.187 million in the first quarter of 2008.
During the first quarter this year, net sales declined 32.9% year on year to CNY 513.258 million or USD 75.108 million from CNY 764.422 million in the first quarter last year; gross profit slid to CNY 86.266 million or USD 12.624 million from CNY 213.980 million; income from operations plunged to CNY 34.338 million or USD 5.025 million from CNY 158.615 million; and total operating expenses decreased to CNY 51.928 million or USD 7.599 million from CNY 55.365 million.
Basic loss per common share was CNY 0.70 or USD 0.10, compared with CNY 1.20 basic earnings per common share in the period last year.
Source: www.163.com (August 26, 2009)
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