FSL's first three quarter results were reduced by 45% - 55%.

Yesterday (15) noon, FSL also announced the announcement of the first three quarters of earnings forecasts, net profit reduction.

According to the announcement, the company expects to achieve net profit of 305 million 339 thousand yuan to 373 million 192 thousand yuan attributable to shareholders of Listed Companies in September 30th January 1, 2018, down 45% - 55% compared with 678 million 531 thousand yuan in the same period last year -2018. Among them, the third quarter is expected to achieve net profit attributable to shareholders of listed companies 90 million 7 thousand and 300 yuan - 135 million 10 thousand and 900 yuan, a decrease of 70% - 80% over the same period last year 450 million 36 thousand and 400 yuan.

FSL said that the reasons for the change were: in the third quarter of 2017, the company sold 38% of the shares of Qinghai Buddha lithium energy development Co., Ltd. and reduced the 8770400 shares of the national high tech stock company. The total investment income was 455 million 282 thousand and 800 yuan, increasing the net profit of 389 million 438 thousand and 200 yuan in the third quarter of 2017. There was no such investment income in 2018.

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