National Star Optoelectronics Q1 achieved a net profit of 24.86 million year-on-year increase of 11%
On April 24, Foshan Guoxing Optoelectronics released the first quarter report for 2014. During the reporting period, the operating income was 243 million yuan, an increase of 3.42% over the previous year; the net profit attributable to shareholders of listed companies was 24.86 million yuan, an increase of 11.41% over the same period of last year; the basic earnings per share was 0.0578 yuan.
Guoxing Optoelectronics expects that the net profit attributable to shareholders of listed companies will be positive in January-June 2014 and it is not a case of turning losses into profits.
From January to June 2014, the net profit attributable to shareholders of listed companies was 10% to 30%, with a range of 5,482.85 to 6,479.73. From January to June 2013, the net profit attributable to shareholders of listed companies was 49,844,100 yuan. The main reason is the increase in sales revenue of the company.
Guoxing Optoelectronics expects that the net profit attributable to shareholders of listed companies will be positive in January-June 2014 and it is not a case of turning losses into profits.
From January to June 2014, the net profit attributable to shareholders of listed companies was 10% to 30%, with a range of 5,482.85 to 6,479.73. From January to June 2013, the net profit attributable to shareholders of listed companies was 49,844,100 yuan. The main reason is the increase in sales revenue of the company.
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