XD Electric H1 Net Profit Down 93%

   Date:2011/08/19     Source:

August 18 -- China XD Electric  filed its net profit and revenue declined 93.39 percent and 23.72 percent year-on-year to 35.95 million yuan and 5.08 billion yuan in the first half for EPS of 0.01 yuan, reports p5w.net.

According to the XD, the delivery times of its power and electronics businesses have changed since last year. Prices of its switch panels and capacitor panels both fell despite the fact that material costs increased. Its products structure was also changed from a year ago.


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