The profit of the first half of the year was 16.59 million yuan, a year-on-year drop of 177%.

On August 27th, Shenzhen Shiyida released the 2013 semi-annual report. During the reporting period, the company achieved operating income of 334 million yuan, a decrease of 47.79% compared with the same period of the previous year; net profit attributable to shareholders of listed companies was 16.5818 million yuan, a year-on-year decrease of 176.74%; basic earnings per share was -0.0394 yuan.

In the report period, the company continued to face pressure from the decline in traditional EMS business orders and rising labor costs. The contribution of EMS business to the company's performance and its proportion continued to decline, in order to successfully realize the company's strategic transformation, the reporting period The company continued to increase investment in channel construction and independent research and development of its own brand business such as LED lighting, resulting in losses in the report period.

Shida expects that the expected operating results for January-September 2013 will be losses, with a net profit loss of 7,000 to 90 million yuan. According to the company, the number and quality of the company's traditional EMS business orders have fallen sharply. The company has further increased its investment in channel construction and independent research and development in support of the development of independent brands such as LED indoor commercial lighting. It is expected that the company will be in the third quarter of 2013. The performance continued to suffer losses.

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