Copgle depreciation! Shanghai Xinyang expects a loss of up to 20 million in the first half of the year

According to the micro-network news, on July 12, Shanghai Xinyang issued a performance forecast. The company expects the net profit attributable to shareholders of listed companies from January to June 2018 - 20 million to -16 million, a year-on-year change of -157.64% to -146.11%, The average net profit growth rate of the chemical industry was 68.84%. Shanghai Xinyang said that during the reporting period, the company's net profit was expected to be at a loss, mainly due to the fact that Jiangsu Copule New Materials Co., Ltd., a wholly-owned subsidiary of the reporting period (hereinafter referred to as 'the test' The profit of Pule's has dropped sharply. The management of the company analyzed the situation of Copgle and then based on the principle of prudence, the provision for impairment of goodwill formed during the 2013 asset restructuring was about 60 million yuan. Due to the intensified market competition, Copgle's products continue to decline in sales prices, raw material prices continue to rise, and the marketing of new products developed by Copgle is far less than expected, and the investment in the construction of new environmentally friendly and energy-saving fluorocarbon aluminum projects is still under construction. During the reporting period, the profit of the subsidiary Copgle decreased by more than 40% compared with the same period of last year. In addition, during the reporting period, the company's operating income increased by about 10%, and the net profit was slightly higher than the same period of the previous year. The decline, however, a subsidiary of Shanghai New Semiconductor Technology Co. liter profitability, investment income increased; while the other subsidiaries is still in pre-production stage, not to profit Shanghai Xinyang bring positive impact in the short term.