Sanlian business (600,898) yesterday presented over a decrease of 94.32 million yuan of annual reports. Since 2007, successive deficiency in 2008, from today, the business will become a triple triple * ST. Annual accounts, the business asserted to triple in the malfunction of interior command in 2008.
Six months is not normal business hours
“Prior to the loss of an estimated amount not less, but did not expect so many.” Yesterday, the vice president of the United States, company vice chairman of Sun Sanlian Yiding said. Notice, in the reporting period, the triple main income trading to achieve 1.455 billion yuan, 71.57 percent completed the program, year-on-year reduction of 243 million, a net loss of 94.32 million yuan.
For performance reasons for decline, triple company said, mainly lies in a long time did not establish an independent business systems, internal control failure. In addition, the former controlling shareholder, through the existence of a large number of related party transactions of listed companies acts damage the interests of the company accounts receivable, inventory and the book value of the real value of the existence of a higher degree of departure from the.
In April last year, the company as a result of a succession of triple the changes in ownership, suppliers hold wait-and-see attitude, delaying the signing of the annual strategic contracts, accounts receivable can not recover the rebate. Notice indicates that the procurement division Sanlian company, Jinan branch office appliance is basically the year 2008 did not enter into procurement contracts, while the other branch of the signing of procurement contracts in the ratio below 20%. At the same time, suppliers and resources to support the continued weakening, leading to company advertising expenses, leasing expenses increased year-on-year.
“Hole” may in addition
Reporter documented that yesterday’s annual report has a “special note”, said the review discovered that throughout the describing time span a large number of publication cost of pre-paid charges, and no invoices. Prior to 2008 engaged the charges affiliated with that there were 656 million, of which 4.51 million yuan advocating, data bulletins, etc. Other charges 2.05 million yuan.
“This kind of ‘hole’ may be many.” Yiding Sun said that with the deepening of the review, it is approximated that a alike position will be encountered. For trademark attribution, for example the town of difficulties left over by annals, he said that on the one hand, to explain the difficulty step-by-step, on the other hand, to reinforce the trading scheme of unaligned excavation, and now all actions should be to enhance the supreme aim of profit.
“Sanlian Group will face wrong competition”
Starting in 2008, the Group initiated the organization of the new triple triple, operating home appliances business. At present, the Joint Group of lifting and Weifang, Yantai, Zaozhuang three shop lease contracts, and plans to the site of a listed company to open a new triple chain stores.
Sanlian said company, Weifang, Yantai, Zaozhuang, Shandong and other shop has been operating at its present location, has a good local market share, whether it is being held different shops or sites for redevelopment will be a company huge loss of wealth. If the triple group of listed companies in situ to the opening of a new triple stores, listed companies will face unfair competition.
No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.
