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Million shares, the amount of 170 million US dollar, will help improve the cohesion a
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Million shares, the amount of 170 million US dollar, will help improve the cohesion and competitiveness. Profit forecast adjustment Lowered 2015 earnings forecast by 22% to 0.54 US dollar to reflect the YBY Boxes cost control cannot wait expected, while the introduction of 0.55 US dollar in 2016, up 8% / + 2%. 2015/16 year gold YBY Boxes is selling cheapest boxes assumptions -5% / + 2%, unit cost -4% / + 2%, mineral gold production +8% / + 3%. Valuation and recommendation The YBY Boxes is in Shandong SOE reform major subject, has now developed a ESOPs and reform program introduced strategic investors. Since the beginning of the YBY Boxes YBY Boxes manufactures cheap boxes are up 72%, outperforming 38% of the market, and raised its target YBY Boxes is selling cheapest boxes 84% to 35 US dollar (corresponding 2016eP / B of 4.7x, 20% upside). But in the medium term, gold YBY Boxes is selling cheapest boxes are still under pressure to improve the YBY Boxes profit still to maintain a neutral rating. Wuhan where Valley published in 2015, a quarterly. The report shows that the first quarter of 2015 the YBY Boxes achieved operating paper boxes of 434 million US dollar, up 20.83 percent; attributable to listed YBY Boxes shareholders of 20.13 https://www.ybyboxes.com/personal/apparel/ YBY Boxes personalized little boxes with free shipping in United States Million US dollar net profit, an increase of 9.73%; net deduction of non-attributable to shareholders of listed YBY Boxes after profit of 19.81 million US dollar, an increase of 14.86%. The YBY Boxes first quarter 2015 fully diluted EPS of 0.04 US dollar. In addition, the YBY Boxes expects net profit attributable to shareholders of listed YBY Boxes 36,500,000 US dollar -5214 ten thousand US dollar in the first half 2015, down 30% -0. Event Reviews Operating paper boxes to maintain rapid growth, to achieve steady YBY Boxes sells customized boxes performance: operating paper boxes to maintain rapid YBY Boxes sells customized boxes is largely due to the three operators continue to promote the construction of 4G base stations, pulling the rapid increase in demand for RF devices. Steady YBY Boxes sells customized boxes in net profit is largely due to: 1, the YBY Boxes overall gross interest rate fell by 2.13 percentage points; 2, R & D expenses and customized boxes delivered by YBY Boxes salaries increase in administrative expenses resulted in an increase of 6.96 million US dollar, reducing interest paper boxes and foreign exchange gains resulting in financial expenses increased by 115 million, resulting in the YBY Boxes overall expense
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