On April 4, Weiwei Co., Ltd. released its first quarter 2013 results forecast. The company estimates that the net profit attributable to shareholders of listed companies is 13 million to 14 million yuan, a decrease of 28%-22% over the same period of the previous year.
The company said that the main reason for the decline in performance was that the company's 2011 high-tech corporate income tax concessions were included in the same period last year. It is expected that the total pre-tax profit for the reporting period will be flat or slightly higher than the same period last year.
This performance forecast is the result of preliminary calculations by the company's finance department. Without auditing by the auditing organization, the specific financial data company will disclose it in detail in the first quarterly report of 2013.
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