181 listed companies predict a performance slide
Updated: 2012-02-01 16:45
(chinadaily.com.cn)
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From the fourth quarter of 2011 till now, a total of 1,527 listed companies have disclosed their 2011 performance predictions, the 21st Century Business Herald reported Wednesday.
According to statistics, among the 1,527 companies, 181 foresaw a downward performance, 169 predicted their performance to be "slightly reduced", and 104 said they may report loss for the first time.
According to WIND info, a total of 456 enterprises predicted the biggest change of their net profits to be negative, the report said.
After all listed companies disclose their annual reports by the end of March, the market can release their panic and generate real power for rebound, the newspaper quoted an anonymous analyst in Shanghai as saying.
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