On October 14, Xiamen Ganzhao Optoelectronics released a performance forecast that the company expects net profit of 69.78 million yuan to 87.22 million yuan from January to September, down 0%-20% year-on-year, and net profit of 87.22 million yuan in the same period last year.
According to Ganzhao Optoelectronics, due to the increase in demand in the LED industry in the first three quarters of 2013, the company's product sales and operating income increased year-on-year. However, due to the year-on-year decline in product sales, the company's overall net profit decreased year-on-year.
According to Ganzhao Optoelectronics, due to the increase in demand in the LED industry in the first three quarters of 2013, the company's product sales and operating income increased year-on-year. However, due to the year-on-year decline in product sales, the company's overall net profit decreased year-on-year.
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