Shiyida (002137) released its performance forecast for the first quarter of 2014 at noon on Friday. The company expects a loss in the first quarter to be within 3 million yuan, and the company's profit in the same period in 2013 was 1.7267 million yuan.
Shiyida said that in 2013, when the traditional EMS business shrank significantly and rapidly, the company vigorously promoted strategic transformation and adjusted its business focus. During the reporting period, the revenue and profit of the LED lighting business increased significantly compared with the same period last year. The contraction adjustment effect of the traditional EMS business was basically in line with expectations, and the profitability improved significantly. Therefore, although the performance during the reporting period is expected to be slightly negative, the company's transformation results have already appeared.
ANNA