Silan Micro estimates that this year's Q1 net profit will be reduced by more than 60% from last year.
Silan Microelectronics released its first quarter 2012 results forecast. According to preliminary estimates by the company, it is estimated that the company's 2012 net profit attributable to shareholders of listed companies will be 42.12 million yuan, a decrease of more than 60% from the same period in 2011; The income is 0.10 yuan.
Silan Micro said that the decrease in the first quarter of 2012 was mainly due to the impact of the European debt crisis, and the semiconductor market was generally sluggish (starting to improve in March). In this context, the company's main holding subsidiary, Hangzhou Silan IC Co., Ltd., had lower capacity utilization rate in the first quarter of this year, and its fixed cost was relatively high, resulting in a significant decline in its profit in the first quarter of this year.
The company stated that the company's specific data for the first quarter of 2012 will be disclosed in the first quarter of 2012.
Silan Micro said that the decrease in the first quarter of 2012 was mainly due to the impact of the European debt crisis, and the semiconductor market was generally sluggish (starting to improve in March). In this context, the company's main holding subsidiary, Hangzhou Silan IC Co., Ltd., had lower capacity utilization rate in the first quarter of this year, and its fixed cost was relatively high, resulting in a significant decline in its profit in the first quarter of this year.
The company stated that the company's specific data for the first quarter of 2012 will be disclosed in the first quarter of 2012.
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