Vision Group's net profits down by 9.36% YOY to RMB120 million in 2016
2017-03-31 17:44:50 [Print]
According to the financial results released by Vision Group on March 30th, the company’s operation revenues were RMB2
The company noted that they invested in lithium battery and smart battery business in large scales and expanded the power market in 2016, which brought some influences on their financial results in 2016.
. 501 billion in 2016, up by 3 . 44% YOY, while the average operating revenues in electric equipment industry went up by 10 . 06% in 2016; the company’s net profits attributable to shareholders of listed company were RMB120 million, down by 9 . 36% YOY, while the average net profits in the electrical equipment industry went up by 25 . 41%.The company noted that they invested in lithium battery and smart battery business in large scales and expanded the power market in 2016, which brought some influences on their financial results in 2016.