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Shiyida said that in the case of a sharp and rapid decline in traditional EMS business in 2013, the company vigorously promoted strategic transformation and adjusted its business priorities.
During the reporting period, the revenue and profit of the LED lighting business were significantly improved compared with the same period of last year. The traditional EMS business contraction adjustment effect was basically in line with expectations, and the profitability improved significantly. Therefore, although the performance is expected to be slightly reduced during the reporting period, the company's transformation effectiveness has already appeared. 
Shida expects Q1 loss to be less than 3 million yuan
Shiyida (002137) released its first quarter 2014 results forecast on Friday (March 28). The company expects the loss in the first quarter to be less than 3 million yuan. In the same period of 2013, the company's profit was 1,726,700 yuan.