Technology Jan 27, 2021 05:59 PM (GMT+8) · EqualOcean
Rainbow shares announced that the company expects to achieve net profit attributable to shareholders of listed companies of - 720 million yuan - 880 million yuan in 2020. Net profit after deducting non recurring profit and loss ranged from 820 million yuan to 980 million yuan. During the reporting period, the production efficiency of the company's LCD panel and substrate glass production line was improved, and the product production and sales increased. At the same time, the price of LCD panel products rose, the panel revenue increased significantly, and the company's profitability improved significantly. The main reason for the performance loss in advance in the current period is that the company has made provision for asset impairment for relevant asset groups with signs of impairment.