Topstar Technology's first-half net profit dropped by 24% year-on-year to 111 million

In the first half of the year, Superstar Technology’s net profit was 111 million, down 24% year-on-year.

According to the 2012 semi-annual report released by Juxing Technology, during the reporting period, the company achieved total operating revenue of 936 million yuan, a year-on-year decrease of 2.9%; of which net profit attributable to shareholders of listed companies was 111 million yuan, a year-on-year decrease of 24.35%. Basic earnings per share of 0.22 yuan.

In addition, due to the impact of exchange rate fluctuations, and to expand the domestic and foreign sales market and increase advertising costs, the company expects the operating performance from January to September 2012 to be between 0 and 30% compared to the same period of last year.

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