subject: ST Amoi: do not want to give up 3G external debt burden by turning -* ST Amoi, household appliance [print this page] ST Amoi: do not want to give up 3G external debt burden by turning -* ST Amoi, household appliance
Delisting countdown is getting closer, but the industry has not forgotten who have made such a
Mobile
Leader, on the restructuring * ST Amoi conjecture is also not broken, but always re-side still holds true partly concealed, can not let the investors he settled down.
The first half of the face * ST Amoi bad "report card", * ST Amoi when turning on whether the arrival of a fog.
Growing debt losses
Before the suspension has been listed for several months * ST Amoi announced a 2009 interim report, a loss is still expanding. The first half of this year, the company
Sell
Income was only 122 million of 1.165 billion yuan over the same period decreased 1.043 billion yuan, net profit is -1.06 million. China's actual controller
Electronic
Information Industry Group is also actively help solve the debt problems of banks.
* ST Amoi information indicated in the six months, the company is still as high as 2.6 billion debt, bank accounts were
Checked
Closed, the overall business was seriously affected. Various financing channels, the company failed to break the closed situation.
* ST Amoi said that at present the main efforts is to reduce the scale of operations of the existing resources, revitalize existing assets, through integration of research and development team and business optimization, to carry out self-help production, divide our forces break through, as far as possible to keep the company core business and brand names, with the reorganization of the shareholders do well, re-engineering preparation.
It is noteworthy that, although the actual controller China Electronics Corporation is also actively help solve the debt problems of banks, Amoi has a large number of
Layoffs
Production also in a semi-standstill, but the core of its 3G R & D team remained.
Now * ST Amoi continues a major 3G operators, with foreign business: while actively cooperate with domestic firms, using external funding platform and manufacturing platform, extending the domestic business; good internal management, stable staff, and strive to maintain good business management order; to strengthen communication with creditors, creditors emotional stability, debt relief through barter clear account problems.
Industry analysts told reporters: "Amoi is likely not willing to give up over 500 million yuan has been put into research and development of 3G technology, but a big fuss in 3G."
Reporter noted that, due to liquidity difficulties * ST Amoi, production, sales volume and further contraction in the first half * ST Amoi substantially reduced scale, the three cost of 136 million, less than the same period last year 479 000 000 343 000 000 yuan, net profit for the -1.15 billion. Operating income: the amount of current reduction of 89.51% over the same period.
Present debts held aloft * ST Amoi has been insolvent company alone can not solve the problem of debt, restructuring and reorganization is complete the only way to solve the debt problem.
But investors have to face is enlarged in a loss situation, the left * ST Amoi time reorganization less than a year, after one year if the moratorium is still not listed losses, Amoi will ultimately delisting.
The future is still heavy fog
restructuring
* ST Amoi
While the restructuring, although it also uproar rumors continue, but the actual restructuring has always failed to show up. Sort out debt restructuring debt is a necessary condition for * ST Amoi run, you want to re-start the restructuring, the debt problem is self-evident. Peel the rebirth of debt is the focus of Amoi, Amoi now turn over the second half is still possible?
Earlier media reports, * ST Amoi restructuring has started, re-side Xiamen ranked four hundred companies in the Xiangyu Group, specific programs or in August 29th semi-annual report published in the disclosure.
