Shenzhen Textile A (000045): The Pre Profit In The First Half Of The Year Was 690000-1030000 Yuan, With A Year-On-Year Decrease Of 86.85% - 91.19%

On July 8, Shenzhen textile a (000045. SZ) disclosed the semi annual performance forecast of 2020. The company expected to realize the net profit attributable to shareholders of the listed company from January to June 2020 of 690000 yuan - 1.03 million yuan, with a profit of 7.8323 million yuan in the same period of last year, with a year-on-year decrease of 86.85% - 91.19%.

In the first half of 2020, the company will spare no effort to do a good job in epidemic prevention and control and production and return to work, and strive to do a good job in the main production and operation of polarizer. The subsidiary Shenzhen Shengbo Photoelectric Technology Co., Ltd. (hereinafter referred to as "Shengbo optoelectronics") has achieved initial results in adjusting the product order structure of tft-lcd4 / 6 line, and the polarizer business has significantly reduced year-on-year losses.

During the reporting period, the net profit attributable to shareholders of listed companies decreased compared with the same period of last year. Firstly, in order to jointly cope with the epidemic of new coronavirus pneumonia and actively fulfill social responsibility, the company and its wholly-owned enterprises responded to the call of Shenzhen Municipal Party committee and municipal government and SASAC, reduced the rent of some tenants of their own properties (except residential properties) in February and March, and the rent was collected during the reporting period Second, the subsidiary Shengbo optoelectronics did not carry out trade business, and the trade business income decreased year on year.

During the reporting period, the company estimates that the impact of non recurring profit and loss on the net profit attributable to shareholders of listed companies is about 7.8377 million yuan, mainly from government subsidy income