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It suffered a net loss of CNY 36.16 million compared with CNY 69.09 million a year ago, declining 47.6%. And operating cost decreased to CNY 213 million from CNY 419 million a year ago, dropping 49%. Moreover, the company reached a CNY 34.483 million net loss attributable to its shareholders; and basic earnings per share of negative CNY 0.0802.
The revenue decline was mainly caused by a large decrease in its production and sales. The company has incurred operating revenue loss for four consecutive years, and it had suspended its major production lines as of the end of the prior year.
Source: www.enet.com.cn (October 29, 2009)
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