Capxon International Electronic Co., Ltd. reported audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenue of RMB 970,975,000 against RMB 1,119,603,000 a year ago. Profit before tax was RMB 10,155,000 against RMB 42,634,000 a year ago. Loss attributable to owners of the company was RMB 2,957,000 or 0.35 cents per basic and diluted share against profit attributable to owners of the company of RMB 26,895,000 or 3.18 cents per basic and diluted share a year ago. The decrease in revenue was mainly attributable to the under-performance of the global economy since the third quarter of 2012, which did not turn out to be as good as the optimistic forecast made at the beginning of the year, as well as the overall sluggish economic growth, drastic decrease in market demand of both the developed and emerging countries and the inactive international trading activities. The group suffered from the unfavorable atmosphere in the industry and resulted in shrinkage in its overall revenue. Net cash inflow from operating activities was approximately RMB 59,726,000, which was mainly due to the profit before tax for the year together with the changes in the flow of funds as a result of the adjustments for finance costs and depreciation etc., movements in inventories, accounts receivable and accounts payable etc. Net cash inflow from investing activities was approximately RMB 55,556,000, which was mainly due to the payment of approximately RMB 57,934,000 for the purchase of machineries and equipments, an increase of approximately RMB 3,560,000 in land use rights, and the cash inflow of approximately RMB 66,450,000 from the disposal of land located at Jiuzuliao, Longtan Township, Taoyuan County in Taiwan as well as a decrease of approximately RMB 42,001,000 in secured bank deposits.

Capxon International Electronic Co., Ltd. announced that they will report fiscal year 2012 results on Mar 28, 2013

Capxon International Electronic Co., Ltd., Board Meeting, Mar 28, 2013. Agenda: To consider and approve the annual results of the company and its subsidiaries for the year ended December 31, 2012; and to consider the payment of a final dividend.