subject: Little Swan In 2009 Net Profit Rose More Than 4 Times The Intended Expansion [print this page] Speaking of swans, people will think of washing machine. After a series of twists and turns later, from Jiangsu Province, the brand seems to have again, "fly high" sign - Little Swan A (000418) yesterday (March 8) The disclosure of the 2009 annual report, to benefit from economic recovery and
Appliances to the countryside And other related policies, the company in 2009 net profit rose more than four times higher. This means that investment value is also significant growth? Is it meant to be beautiful Little Swan restructuring after the acquisition a success?
Net profit growth of more than four times Zehui?
Relocation compensation, washing machines, the main industry
2008, 2009, Swan A little further into the hot spot, following the US's electrical become the largest shareholder, the Little Swan has since acquired the U.S. assets of the holder of the Rongshida washing machine. Entered the home appliance industry, the same shareholders, and Little Swan will rise to all kind of "spark"? Announced yesterday that popular concern about this report card, 2009. Yesterday (March 8) announced the Little Swan A report shows that in 2009 the company achieved operating income of 4.375 billion yuan, up 1.92%; net profit of 2.22 billion yuan, up 454.93 percent; basic earnings per share were 0.41 yuan , an increase of 485.71%. Little Swan said in 2009, with the national "home appliances to the countryside" and "
TM to "The introduction of such policies, to some extent pulling a washing machine in the domestic market. The company launched a major asset restructuring projects, washing machine business has been a rapid development. In addition, due to" retreat into the garden city "to complete the relocation, the relocation company to recover all the compensation payments, to achieve a one-time gain 65 million yuan. "on the Little Swan A, 2009, net profit growth of the increase is really great," Shandong SG
Financial Research analyst Zhang Shengguo said yesterday, but then look at the performance status of Little Swan, basic earnings per share were 0.41 yuan, up 485.71 percent year on year growth, which is in the original performance not too good. 2009, why have such a high performance increase? "One of the main washing machine really got rapid development, washing machines, gross margin was 25.21%; the relocation compensation shall achieve a one-time gain 65 million yuan, also had an impact on performance." Although the industry confirmed that such removal compensations Swan last year's performance of small pull, however, also said that if the net non-recurring gains and losses, net profit attributable to 2009, listed companies grew by 70% year over year, "or higher." Since 2009, household appliances are good situation for the better in the industry, excluding non-recurring gains and losses, but also for the time being difficult to measure whether the reorganization will completely successful, can only say that restructuring did not affect the positive impact of a series of industry policy role.
"Arm" return to washing machine into a "trump card"?
Company who authorized, shrinking front instead benefit
By 2007, the parent company of Little Swan - Little Swan Group's main products are washing machine,
Air conditioning , Refrigerator, dishwasher, dryer, refrigerator and other household and industrial washing machines, commercial appliances. Little Swan Group Holdings in listed companies - Wuxi Little Swan Company Limited (000 418) produces washing machines, refrigerators and other appliances. Little Swan Group also will air as a group once the second pillar of the development of industry, and spent a lot of construction and production line
Marketing Network roll-out. However, starting from the end of January 2007, Little Swan Group, began making claims that its product line is the implementation of strategic public contract. Little Swan is also completely out of and
Matsushita
The two joint ventures producing cooler compressor company. Little Swan said the sale of shares of the proceeds will be used to expand and invest in new washing machine main project, a comprehensive return to Little Swan Washing Machine main business lay a good foundation. Yesterday's check some data, now owned by Little Swan Little Swan, Rongshida these two brands, the market share in recent years, both in the domestic market rather forward. For example, according to industry data line, from January to August 2009, the top three market share in washing machine sales as Haier, Rongshida, Little Swan Washing Machine. Which holds 9% of Rongshida, Little Swan will hold 6%.
Little Swan In 2009 Net Profit Rose More Than 4 Times The Intended Expansion
