Guoxing Optoelectronics (002449) disclosed the interim report on Tuesday evening. In the first half of 2014, the company achieved a net profit of 64.449 million yuan, an increase of 29.3% year-on-year; earnings per share of 0.15 yuan.
From January to June, the company achieved operating income of 727 million yuan, an increase of 32.45% over the same period of last year, mainly due to the increase in LED sales revenue.
During the reporting period, the gross profit margin of the company's products was 25.01%, down 1.13 percentage points from the same period of the previous year. In addition, the sales expenses and management expenses increased to a certain extent, which made the increase of net profit and business income not synchronized.
Due to the rapid development of the LED industry, the fundraising project has gradually reached production, the scale advantage has expanded, and the operating income has increased. Guoxing Optoelectronics expects the net profit for the first three quarters to be 8906.36 million yuan to 111 million yuan, an increase of 2-5 percent year-on-year.
In addition, Guoxing Optoelectronics also announced that as the company and its shareholders are planning major events, the company's stock has been suspended since August 13, and the corporate bond “11 National Star Bond†is still trading normally.
The same day announcement also showed that Guoxing Optoelectronics also intends to withdraw from participating in the application to initiate the establishment of Foshan Private Bank.
From January to June, the company achieved operating income of 727 million yuan, an increase of 32.45% over the same period of last year, mainly due to the increase in LED sales revenue.
During the reporting period, the gross profit margin of the company's products was 25.01%, down 1.13 percentage points from the same period of the previous year. In addition, the sales expenses and management expenses increased to a certain extent, which made the increase of net profit and business income not synchronized.
Due to the rapid development of the LED industry, the fundraising project has gradually reached production, the scale advantage has expanded, and the operating income has increased. Guoxing Optoelectronics expects the net profit for the first three quarters to be 8906.36 million yuan to 111 million yuan, an increase of 2-5 percent year-on-year.
In addition, Guoxing Optoelectronics also announced that as the company and its shareholders are planning major events, the company's stock has been suspended since August 13, and the corporate bond “11 National Star Bond†is still trading normally.
The same day announcement also showed that Guoxing Optoelectronics also intends to withdraw from participating in the application to initiate the establishment of Foshan Private Bank.
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Taishan Jie Da Electrical Co., Ltd , https://www.ts-jieda.com