After Moso Power's revised performance forecast, it is estimated that the total operating income will be 264,478,900 yuan - -27,650,700 yuan, an increase of 10% -15% over the same period of the previous year of 244,340,400 yuan. The net profit attributable to shareholders of listed companies was 20,726,300 yuan - 2,266,800 yuan, down 10%-30% from the 2,699.0 million yuan in the same period of the previous year.
Maoshuo Power said that the reasons for the performance correction are as follows: 1. During the reporting period, due to the appreciation of the RMB, the exchange rate changes led to an increase in financial expenses compared with the same period last year;
2. In order to meet the needs of headquarters management and attracting R&D senior talents, the company began to rent new office locations in December 2012, and the rental expenses of management fees increased.
3. In 2013, the minimum wage standard for full-time employment workers in Shenzhen was raised from 1600 yuan to 1600 yuan/month, an increase of 6.67%. During the reporting period, the employment cost of enterprises increased, and the gross profit margin of the company's products decreased year-on-year. .
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Established in 1956, during the China first five-year-plan, Henan Xintaihang Power Source Co., Ltd. (Factory No.755) was the first R&D and manufacturing enterprise in China in the field of alkaline storage batteries and modular power system and it was also the military factory which owned the most varieties rechargeable batteries in domestic. Taihang was located in national Chemistry and Physicals Power Source Industrial Park, Xinxiang City, Henan, China.
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The nickel–cadmium battery (NiCd battery or NiCad battery) is a type of rechargeable battery using nickel oxide hydroxide and metallic cadmium as electrodes. The abbreviation NiCd is derived from the chemical symbols of nickel (Ni) and cadmium (Cd).
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Henan Xintaihang Power Source Co.,Ltd , https://www.taihangbattery.com