On October 29, Moso Power released its third quarter report. During the reporting period, the operating income was 130 million yuan, a decrease of 2.29% compared with the previous year; the net profit attributable to listed companies was 7.21 million, down 12.22% from the previous year.
Moso Power expects that the net profit attributable to shareholders of listed companies will change from -50% to -20% in 2013, and the net profit attributable to shareholders of listed companies will be between RMB 23.76 million and RMB 38.01 million in 2013. The net profit of shareholders of listed companies is 4752.
For the change of performance, Maoshuo Power said that 1. Due to the cooperation model adjustment with Infineon Electronics (Hangzhou) Co., Ltd., according to the “Cooperation Agreement†signed by the two parties on October 6, 2013, the company will pay for Infineon in 2013. The technical use fee of 8 million yuan for special electronic products has increased compared with the same period of last year; 2. The company intends to submit to the board of directors for review and termination of the implementation of the restricted stock incentive plan in the fourth quarter of 2013, and accelerate the accrual of management incentive expenses, which is expected to be 5.2 million. Yuan; 3, based on the current control expenditures and orders for shipments.
Moso Power expects that the net profit attributable to shareholders of listed companies will change from -50% to -20% in 2013, and the net profit attributable to shareholders of listed companies will be between RMB 23.76 million and RMB 38.01 million in 2013. The net profit of shareholders of listed companies is 4752.
For the change of performance, Maoshuo Power said that 1. Due to the cooperation model adjustment with Infineon Electronics (Hangzhou) Co., Ltd., according to the “Cooperation Agreement†signed by the two parties on October 6, 2013, the company will pay for Infineon in 2013. The technical use fee of 8 million yuan for special electronic products has increased compared with the same period of last year; 2. The company intends to submit to the board of directors for review and termination of the implementation of the restricted stock incentive plan in the fourth quarter of 2013, and accelerate the accrual of management incentive expenses, which is expected to be 5.2 million. Yuan; 3, based on the current control expenditures and orders for shipments.
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