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the main income 296.2 billion yuan,louboutin, up slightly by 0.29%, net profit growth of only 3%, hospitality costs increase is as high as two percent. In this regard,louboutin soldes, China Communications Construction did not give a reason in its annual report. China Communications Construction Investor Relations Office staff in the "China Economic Weekly" interview,abercrombie fitch, said that the matter of inconvenience to answer.Data show that net profit growth of 0.78% Gezhouba,hollister felpe, much lower than the growth rate of entertainment expenses; Coal Energy,nike air max 1, performance appeared down; Minmetals Development more loss of nearly 400 million yuan.The reason for the substantial increase in entertainment expenses, interpretation given by all listed companies are relatively vague. China CNR,abercrombie femme, Gezhouba have indicated that the size of the company's business growth has led to a corresponding increase in administrative expenses. As for specific reasons, Gezhouba aspect told reporters, all the company's announcement.Dongfeng Motor hospitality business for more than 1500 million,abercrombie fitch, the company official who requested anonymity told the "China Economic Weekly", business entertainment expenses accounted for 0.08% of total revenue,air jordan, which includes more than a dozen of its subsidiaries The amount reported. He admitted that the hospitality business is marketing Dongfeng Motor's main business segments,hogan, "customers are more usual hospitality costs more, but comparatively speaking, our hospitality business be very low."A person in the industry do not want to be named,abercrombie, told reporters: "enterprises in order to get more business opportunities, often a large investment in online relationships,soldes abercrombie, business entertainment can be said to have a 'hidden rules'.
in short, it means opaque. ""China Economic Weekly" has learned that public questions about the hospitality business of state-owned enterprises, only by the Ministry of Supervision, the State Economic and Trade Commission, the National Federation of Trade Unions and other departments jointly issued in 1998 "on the state-owned enterprises and other business entertainment usage Important provisions of the Workers' Congress reporting system "mentioned.In addition, the corporate income tax Implementing Rules and Chinese accounting standards,hogan 2014, for the hospitality business,hollister lille horaires, there are some sporadic provision, but it comes to business entertainment disclosure is extremely rare."Although some controversy about the hospitality business at present, but no illegal under the premise,abercrombie site officiel, it is difficult impact on the secondary market." Building a brokerage industry analyst on the "China Economic Weekly" said, "Although some construction company business entertainment fee is higher,louboutin pas cher, but the proportion of total operating income is very low,air max pas cher, and no significant change from the normal expenses of a business point of view, this does not affect the market shares of some controversy leading to shock. implemented in the secondary market performance , performance support is the key. ""China Railway Construction is not the most"In the professional opinion, whether listed companies to disclose in the annual report "business entertainment" Although there is no hard and fast rules, but in reality, there will be "business entertainment" included in the annual report.
whether state-owned or private enterprises alike. In the fierce market competition, firm size, the more complex the business, the more business entertainment, the industry is an indisputable fact. "CITIC Securities analyst Tang originally told the "China Economic Weekly": "business entertainment in the moment is difficult to define,abercrombie soldes, to some extent is a vague concept of 'box',air max pas cher pour homme, both can be put into the hospitality business consumption can also be put into luxury consumption, excessive consumption. Three funds do not like the hospitality business like release details.
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