BDO Runda: First-quarter net profit decreased by 6.10% over the same period

In the first quarter of 2012, the company achieved net profit attributable to shareholders of listed companies of RMB 61,244,300, a decrease of 6.10% from the same period of last year.

BDO Runda recently announced its first quarter 2012 results report. In the first quarter of 2012, the company achieved net profit attributable to the shareholders of the listed company of RMB 61,424,300, a decrease of 6.10% from the same period of the previous year, mainly due to the decrease in government subsidies of the company during the reporting period as compared with the same period of the previous year.

According to reports, the owners’ equity attributable to shareholders of listed companies increased by 58.75% from the end of the previous year, and the net assets per share attributable to shareholders of listed companies increased by 31.54% as compared with the end of the previous year, mainly due to the company’s non-public issuance of RMB in March 2012. The net proceeds from the issuance of 100 million shares of common stock (A shares) amounted to 1.522 billion yuan and the profit during the reporting period.

It is also understood that in terms of MOCVD equipment, as of the date of disclosure of this report, Wuhu BDO Runda has arrived at 50 MOCVD equipment, of which 14 have been commissioned to complete production, and the rest of the equipment is in the process of installation and commissioning. Yangzhou BDO Runda has arrived 30 MOCVD machines one after another and is in the process of installation and commissioning.