2013-07-10

Neo-Neon Suffers a Loss of Nearly 500 Million in Fiscal Year 2012

Recently, Neo-Neon announced the consolidated results for the year ended 31st March, 2013. The revenue during the notice period is 827 million Hong Kong dollars (HKD) (about 654 million Yuan), a decrease of 23.69% over the previous year; After-tax loss is 617 million HKD (about 488 million Yuan), each share losses 65.7 HK cents (about 0.52 Yuan). LED decorative lights business suffered a loss of 289 million HKD, and LED general lighting suffered a loss of 145 million HKD. Announcements indicated that turnover and gross margin of LED lighting business dec...
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