TDG, one of China’s Top 100 electronic component makers, estimates money loss for the year 2012, viz. RMB 185m-195m to be specific, while that number was RMB 12,103,073.39 with RMB 0.021 earnings per share.
TDG explains that it has achieved a breakthrough in technology, yet it needs time for market exploitation and mass production, despite the two-year hard work on LED sapphire project. In a bid to be profitable, the firm spent much on R&D and others which increases the operation cost and has resulted in huge loss.
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