Sanxiong Aurora Announces 2017 Annual Results Announcement Net Profit Estimated Over 234 Million

    On January 12, Sanxiong Aurora announced its 2017 annual results forecast. The company expects net profit attributable to shareholders of listed companies to reach 234,225,400 yuan to 271,088,400 yuan in 2017, a change of -5% to 10% over the same period of the previous year. The profit was 24,653,100 yuan. On January 12, Sanxiong Aurora announced its 2017 annual results forecast. The company expects net profit attributable to shareholders of listed companies to reach 234,225,400 yuan to 271,088,400 yuan in 2017, a change of -5% to 10% over the same period of the previous year. The profit was 24,653,100 yuan. For the reasons for the change in performance, Sanxiong Aurora said that during the reporting period, the company increased market development and marketing investment, sales revenue increased year-on-year; raw material prices rose, the company's product gross profit margin decreased year-on-year; the government subsidy increased significantly, resulting in non-recurrent company during the reporting period Sexual gains and losses have increased significantly. During the reporting period, Sanxiong Aurora's government subsidy for the current profit and loss was approximately RMB 31 million, a significant increase from the previous year's 8.765 million yuan, mainly due to the financial subsidy income received by Chongqing Sanxiong Aurora Lighting Co., Ltd., a wholly-owned subsidiary of the company and the company. 3 million yuan. It is estimated that the impact of non-recurring gains and losses of the company on net profit in 2017 will be about 40 million yuan.

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