Yuanfang Optoelectronics' 2012 Q3 net profit fell more than 25% year-on-year

On October 26, Yuanfang Optoelectronics released the third quarter report for 2012. During the reporting period, the company's total operating income was about 42.46 million yuan, down 21.15% year-on-year; the net profit attributable to shareholders of listed companies was about 16.38 million yuan, down 25.34% year-on-year. The basic earnings per share is 0.15 yuan.

Yuanfang Optoelectronics indicated that it was affected by the overall macroeconomic situation and its business was affected. For the future development, Yuanfang Optoelectronics said that the company will continue to increase its independent research and development efforts, further increase the R&D investment of new products, new technologies and overall solutions, and strengthen its core competitiveness. In addition, further increase marketing efforts, through the construction of fundraising project marketing service network, to ensure the steady growth of sales of leading products.

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