The revised performance is expected to decline in the same direction. The net profit attributable to shareholders of listed companies is 24,795,500 yuan - 275.505 million yuan, a decrease of 0% -10% over the same period last year's profit of 275.05 million yuan.
For the reasons for the performance correction, Wanrun Technology said that due to the impact of the macroeconomic environment, the company's orders from January to June 2012 did not meet expectations. Although the sales volume increased, the company's sales unit price decreased, the company January-June 2012 Sales revenue increased only slightly compared to the same period last year. In addition, the market competition was fierce. The gross profit margin of the company declined in the first half of the year compared with the same period of last year. As a result, the company's sales revenue decreased slightly year-on-year, and the gross profit declined. At the same time, in order to expand market share, Wanrun's investment in sales force, advertising and other aspects has increased, and sales expenses have increased significantly year-on-year, which has also had a certain impact on net profit.
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