Ningbo Yidong Electronic Co. Ltd. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company announced revenue of RMB 1,777,000 compared to RMB 3,472,000 for the same period a year ago. Loss from operations was RMB 7,373,000 compared to RMB 7,452,000 for the same period a year ago. Loss before taxation was RMB 7,737,000 compared to RMB 8,064,000 for the same period a year ago. Loss for the period was RMB 7,737,000 compared to RMB 8,064,000 for the same period a year ago. Loss attributable to equity holders of the company was RMB 7,768,000 compared to RMB 8,064,000 for the same period a year ago. Loss per share, basic was 1.55 cents compared to 1.61 cents for the same period a year ago. Main reason for the decrease in turnover was due to higher competition.

For the nine months, the company announced revenue of RMB 6,040,000 compared to RMB 6,971,000 for the same period a year ago. Loss from operations was RMB 16,385,000 compared to RMB 14,418,000 for the same period a year ago. Loss before taxation was RMB 17,543,000 compared to RMB 20,792,000 for the same period a year ago. Loss for the period was RMB 17,543,000 compared to RMB 20,792,000 for the same period a year ago. Loss attributable to equity holders of the company was RMB 17,538,000 compared to RMB 20,786,000 for the same period a year ago. Loss per share, basic was 3.51 cents compared to 4.16 cents for the same period a year ago.