NVC Lighting announced its 2012 annual results. As of December 31, 2012, the profit attributable to owners of the parent company last year was 8.416 million yuan (RMB, the same below), which was 98.5% lower than that in 2011. The basic earnings per share was 0.0027 yuan, and the final dividend was 1.5 per share. Hong Kong cents (a contract of RMB 0.012) was 3.5 Hong Kong cents per share for the same period in 2011.
During the period, the income was 3.546 billion, a decrease of 6.6% compared with the same period. Gross profit was 761 million, a decrease of 21.8% compared with the same period. Profit before tax was 116 million, down 81.4% from the same period.
Previous data showed that in 2011, NVC Lighting's revenue was 590 million US dollars, an increase of 24.90%, net profit of 86.5 million US dollars, an increase of 25%. NVC Lighting said that the increase in performance was mainly due to the continuous expansion of the sales pipeline. In 2011, NVC Lighting opened 158 stores on the basis of the original 26 exclusive regional dealers with 2,968 stores.
During the period, the income was 3.546 billion, a decrease of 6.6% compared with the same period. Gross profit was 761 million, a decrease of 21.8% compared with the same period. Profit before tax was 116 million, down 81.4% from the same period.
Previous data showed that in 2011, NVC Lighting's revenue was 590 million US dollars, an increase of 24.90%, net profit of 86.5 million US dollars, an increase of 25%. NVC Lighting said that the increase in performance was mainly due to the continuous expansion of the sales pipeline. In 2011, NVC Lighting opened 158 stores on the basis of the original 26 exclusive regional dealers with 2,968 stores.
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