Tianlong Optoelectronics is expected to turn losses into land in the first quarter to confirm revenue

Tianlong Optoelectronics (300029) released a performance forecast on the evening of April 9. It is estimated that the net profit attributable to shareholders of listed companies will be 1 million yuan to 5 million yuan in the first quarter of this year, and the loss in the same period last year was 5.01 million yuan.

The company said that the first quarter results showed a profit, mainly due to the government's receipt of land to confirm revenue generated income, the first quarter of 2015 non-recurring profit and loss amount of about 17.8 million yuan.

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