On August 6, Tongfang Guoxin released the 2012 semi-annual report. During the reporting period, Tongfang Guoxin realized operating income of approximately 274.45 million yuan, a decrease of 10.94% compared with the same period of the previous year; total profit was approximately 58.09 million yuan, a decrease of 15.15% compared with the same period of the previous year; net profit attributable to listed company shareholders was approximately 4896. Ten thousand yuan, a decrease of 15.83% compared with the adjustment in the same period of the previous year.
Tongfang Guoxin said that the company's original quartz crystal business was affected by the slowdown in international market demand, the continuous increase in raw materials and labor costs, and the appreciation of the renminbi. During the reporting period, the company's non-public offering of shares acquired the completion of the major asset restructuring of Beijing Tongfang Microelectronics Co., Ltd., which achieved a major adjustment in product structure. The revenue and profit of the newly added smart card chip design business maintained a steady growth. Stable performance and sound development provide a guarantee.
Tongfang Guoxin believes that many complicated factors in the second half of 2012 will still face many uncertainties in the global macroeconomic recovery. In addition, the domestic economic growth rate has dropped significantly, and the operating pressure of the electronic components industry is still relatively large. Tongfang Guoxin will adhere to technological innovation and refined management while implementing major asset restructuring, continue to increase investment in research and development, optimize production processes, and increase product added value. At the same time, strengthen market development, extend product areas, and increase market share.
Tongfang Guoxin said that the company's original quartz crystal business was affected by the slowdown in international market demand, the continuous increase in raw materials and labor costs, and the appreciation of the renminbi. During the reporting period, the company's non-public offering of shares acquired the completion of the major asset restructuring of Beijing Tongfang Microelectronics Co., Ltd., which achieved a major adjustment in product structure. The revenue and profit of the newly added smart card chip design business maintained a steady growth. Stable performance and sound development provide a guarantee.
Tongfang Guoxin believes that many complicated factors in the second half of 2012 will still face many uncertainties in the global macroeconomic recovery. In addition, the domestic economic growth rate has dropped significantly, and the operating pressure of the electronic components industry is still relatively large. Tongfang Guoxin will adhere to technological innovation and refined management while implementing major asset restructuring, continue to increase investment in research and development, optimize production processes, and increase product added value. At the same time, strengthen market development, extend product areas, and increase market share.
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