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Tianshou Development first half net profit pre-loss 2200-30 million
The content below was translated by Tencent automatically for reference.

SMM7 13: July 13, 2018, Inner Mongolia Tianshou Science and Technology Development Co., Ltd. announced the results of the first half of 2018 announcement. According to the forecast, the company expects the results to show a loss trend.

Tianshou Development Company said that during the reporting period, the net profit attributable to the shareholders of the listed company increased by 162.50% to 257.96% over the same period last year. One of the main reasons is that 75% of the shares of Jilin Tianchi Molybdenum Industry Co., Ltd. acquired by the company completed the transfer of ownership on December 29, 2017. the reporting period was included in the scope of the consolidated statements and the current borrowing interest of the subsidiaries included in the scope of the merger. The second is the two-year 97 million yuan trust loan obtained by the company from Bohai International Trust Co., Ltd on December 29, 2017, which is caused by the interest on the loan; third, the textile production and operation situation is affected by the market situation, and the loss situation has not been improved.

Finally, Tianshou Development Company said that because of the company's 2017 loss, if the company continues to lose money in 2018, the company's net profit belonging to the shareholders of the listed company will lose money for two consecutive years, and there is a possibility that the company's shares will be warned of the risk of delisting. It is hoped that the majority of investors will pay attention to the investment risk.

Tianshou Development
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