On January 29, Luxiao Technology (002617) released its performance forecast after the close of trading on Thursday. In 2014, the company expects a loss of 32 million yuan to 38 million yuan, a year-on-year profit return; net profit for the same period of 2013 was 38.109 million yuan.
Luxiao Technology said that the decline in performance during the period was mainly affected by the economic situation and environmental protection. The cost increased and the receivable time increased. The company's industrial transformation and upgrading sales scale declined, foreign investment was not effective in the same year, and the comprehensive financial expenses increased.
Luxiao Technology said that the decline in performance during the period was mainly affected by the economic situation and environmental protection. The cost increased and the receivable time increased. The company's industrial transformation and upgrading sales scale declined, foreign investment was not effective in the same year, and the comprehensive financial expenses increased.
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