Dragon Optical interim results are expected to face the risk of suspension of listing

Tianlong photoelectric Thursday (21) semi annual report released late in the evening, the first half of 2014 net loss of $53 million 884 thousand and 600, down by 742.80%, basic earnings per share loss of $0.27 / share.

Tianlong photoelectric 2012 and two consecutive years of losses in, the loss of half a year in 2014, $53 million 884 thousand and 600. The company expects a loss of 37 million ~4200 million in the first quarter of 2014. If the 2014 year of continued losses, its shares will be listed after the disclosure of the annual report in 2014 was suspended.

Tianlong photoelectric said, due to the continued downturn in the industry environment, the company's sales orders fell sharply in the three quarter of idle assets disposal is not fully in place, is expected in the second half of the company has a certain inventory turnover. 1-9 month is expected to affect the amount of non recurring gains and losses on net profit of 350 thousand yuan, the impact of non recurring gains and losses over the same period last year, the amount of net profit of $20 million 940 thousand.

Tianlong photoelectric said, will actively turn inventory pressure; further disposal of idle assets and seek relevant support for the annual losses. As of the end of 6, the company stock was 377 million yuan, an increase of more than $353 million at the beginning.

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