Xinhaiyi released the 2012 Q3 financial report. The company's total operating income in the third quarter was 190.69 million yuan, down 10.64% from the same period of last year. The net profit attributable to shareholders of listed companies was 24.67 million yuan, down 70.65% from the same period of last year; Earnings per share of 0.06 yuan.
Xinhaiyi said that the company's operating profit for the first three quarters decreased by 76.611 million yuan compared with the same period of last year, a decrease of 46.14%; total profit decreased by 65.517 million yuan, a decrease of 37.58%; net profit decreased by 57.658 million yuan, a decrease of 37.75%; Net profit attributable to owners of the parent company decreased by RMB 58.187 million compared with the same period of last year, a decrease of 39.54%. The main reason for the decrease in the above-mentioned accounting subjects is the decrease in investment income and the increase in management expenses in the current period.
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