A total of 11 listed companies in Zhongshan released their performance estimation reports for the first quarter of this year (through April 10).

Seven of them estimated their profitability for this time frame. LED maker MLS reported the most profit. The company estimated a gain ranging from 138 million yuan to 180 million yuan.

Optical manufacturer Union Optech estimated a profit ranging from 11.9139 million yuan to 13.3156 million yuan. Its estimated profit growth ranged from 70% to 90%, which topped the 11 listed companies.

Golden Horse, Lifesense, and Qtone Education were profitable to some extent, but each of them estimated a decline in profit growth.

Three companies forecast losses in this year's first quarter. Among these three companies, Eco-town service provider Palm reported the greatest estimated loss. The report states a loss ranging from 160 million yuan to 210 million yuan.

Due to the seasonal cycle variations in the industry, furniture expert Topstrong may gain 2 million yuan, or lose 2 million yuan, in the first quarter.