129724964894769344_72BoE to sell enterprises management of coal resources prospects remain bleak
An amount of $ 3.6 billion worth of equity transfer income, BOE 2011 results for the year comes a "stand up", the company in 2011, three in the quarterly bulletin also expects full year loss of 3 billion to $ 3.2 billion in today's announcement of the revised, the announcements have become a profit of 300 million to 500 million dollars. BoE announcement today, 2011 vested in the shareholders of listed companies is expected to net profitRun by the three quarterly loss of $ 3 billion to $ 3.2 billion last year, amendments to a profit of 300 million to 500 million Yuan. As a result of this dramatic change, the company disposed of a report from the Government of Ordos "gift". Back in December 2010, the BoE and the construction of Erdos City Government on cooperation in Erdos BoE signed a memorandum of strategic cooperation of science and Technology Park, by Convention, doubleElectro-optical industries (including flat panel displays
the old republic commendation power leveling, new energy, energy saving and environmental protection, and so on) for investment projects, so that science and Technology Park, an important production base of BoE. Ordos City Government will be configured within the appropriate range of coal resource in mining area of Ordos (prospecting of e), the resources owned by BOE all
d3 gold, disposed of by the company. August 2011, the BoE confirmed Erdos municipalGovernment House for about 1 billion tons of coal resources company configuration. In October 2011, the subsidiary of BoE photoelectric proposed $ 2.7 billion to the Beijing industrial development investment management limited to transfer the BoE 60% stake in energy
diablo iii gold, for 900 million Yuan Xiang Hao Hua energy 20% energy transfer by the BoE shares. Companies in today's announcement of the revised disclosures, 2011 quarter,Company subsidiaries transferred er BoE energy investment limited equity project is progressing well, at the end of 2011, the company received total stakes transferred some $ 2 billion.
According to the relevant provisions of the accounting standard for business enterprises, company preliminary judgment, such share transfer is expected to generate about $ 3.6 billion revenue. As mainland China is now the core intellectual TFT-LCD production company, BOE full access to the TFT-LCD core technology and product technology, developed the actual production of 26-inch and 32-inch LED backlight for LCD TV panels, and 47-inch full HD LED-backlit ultra thin (25mm) LCD TV modules; 8 generations line of postpartum, raise the capacity size of the company to the world's sixth. In technologyBehind the improvement and expansion of capacity, the company continued high "real money" inputs, but the lower panel prices decline hard to change, huge inputs are huge losses brought about by, and this input is continuing. In recent years, have helped BoE times subsidies from the Government to avoid risks by ST. In 2008, a $ 800 million loss in 2009, by virtue ofTotaling about $ 700 million worth of government subsidies barely averted a loss, in 2010, the company once again huge losses of $ 2 billion, that by the year 2011, because since the second half of the global Terminal electronic consumer market remains weak, mainly LCD Panel prices continue to fall, the major business situation continues to deteriorate. Rely on Government support despite short works, however, if the downstream marketNeeds prolonged slump, the huge investment in fixed assets and depreciation charges, will remain deeply mired in huge losses of the company.
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