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Government Subsidizes Yankon for The 2012 High-Power Lighting Product

increase font size  reduce font Add date: 2016-11-30  Hits:97
Core prompt: Yankon announced the company has finally received cleared funds for the 2012 high-power lighting product promotion subsidy from the government totaling RMB $122 million (US $20 m

Yankon announced the company has finally received cleared funds for the 2012 high-power lighting product promotion subsidy from the government totaling RMB $122 million (US $20 million).

The company states that the aforementioned subsidy will be considered as non-operation income and be included in the company's recent profits and losses. It is not expected to influence 2013 year net profits.

 
 
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