tera gold 2008 annual dividend.For the first quarter deficit reason - XEH

Rainbow Electronics (00438, HK) yesterday released the first quarter of 2009 announcement.Announcement shows, is expected in January 1 tera gold, 2009 to March 31st, the company is expected to performance will be a loss, the amount of loss is estimated to be around 29000000 yuan.It is reported, 2008 year the first quarter of the company to achieve a net profit of industry about 1300000 yuan, 0.003 yuan per share.Previously, the Rainbow Electronic published up to December 31, 2008 annual report, the company sales in 2008 3542000000 yuan, than going up year of growth 5.45%; net profit of 95320000 yuan, with annual growth of 47.42% compared to the resolution of the board of directors shall not distribute; as of December 31, 2008 annual dividend.For the first quarter deficit reason, Rainbow Electronic think, by the international financial crisis and the influence of macroscopical economic situation, the company leading product export orders tera gold, sales declined; at the same time the domestic market by the flat television depreciate considerably, product sales prices are also relatively on year compared to decline tera power leveling, revenues and gross margin year-on-year decline.