Stock Code: 200771 Stock ID: Hangqilun B Announcement No. 2016-06
Hangzhou Steam Turbine Co., Ltd.
2015 Performance Forecast
The members of the Board and the Company acknowledge being responsible for the truthfulness,
accuracy, and completeness of the announcement. Not any false record, misleading statement or
significant omission carried in this announcement.
I. Forecast of business performance of the current term
1. Period of the forecast: Jan 1st – Dec 31st 2015
2. Direction: Loss
3. Summary of performance
(1) Summary of performance Jan-Dec 2015
Items Current term (Jan-Dec 2015) Same period last year (Jan-Dec 2014)
Net profit attributable to
Loss:RMB140 million— RMB 170
the shareholders of the Profit：RMB 352.0774 million
million
listed company
Basic earnings per share Loss: about RMB 0.21 Profit ：RMB 0.47
II. Audition on the business performance prediction
This forecast of performance is not audited.
III. Causation of change in business performance
The business performance significantly declined in the report period, of which the main reason
was the influence of domestic and foreign markets economy, which decreased quantity occured in
orders and the customer's increasing demands for pausing or delaying in delivery, resulting in a
significant decrease in sales income. Meanwhile, the occupation of products with good
profitability in annual achieving sales products slid sharply, which led to a substantial decrease
year on year in the gross profit. Secondly, the impairment loss sharply increased led to the
substantial decrease in net profit.
IV. Related remark
The above forecast is a primary calculating of the Company’s accounting department. For actual
data please catch up with the annual report 2015 which will be released later.
Shanghai Securities Daily, Securities Times, Hong Kong Commercial Daily and
www.cninfo.com.cn are the official presses of the Company for information disclosure.
The Board of Directors of Hangzhou Steam Turbine Co., Ltd.
January 30, 2016
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