Zhouming Technology's 2012 Q3 net profit dropped nearly 85% year-on-year

On October 24, Zhou Ming Technology released the third quarter report for 2012. During the reporting period, the company's total operating income was approximately 163 million yuan, an increase of 6.17% year-on-year; the net profit attributable to shareholders of listed companies was approximately 1.99 million yuan, down 84.83% year-on-year. The basic earnings per share is 0.02 yuan.

Zhou Ming Technology said that during the reporting period, the company achieved steady growth in operating income and a slight increase in gross profit margin. However, due to the substantial increase in expenses, operating profit and net profit decreased compared with the same period last year.

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