Qinshang Optoelectronics (002638) disclosed its annual report on Wednesday night. The company achieved a net profit of 104 million yuan last year, down 1.17% year-on-year; earnings per share were 0.28 yuan. The company plans to collect 0.2 yuan (including tax) for every 10 shares.
In 2013, the company achieved operating income of 1.141 billion yuan, an increase of 38.8% year-on-year, mainly due to the Guangdong government's efforts to promote the growth of outdoor lighting products.
Qinshang Optoelectronics also released a quarterly report showing that the company's net profit for the first quarter of 2014 was 24.41 million yuan, down 13.44% year-on-year; operating income was 249 million yuan, up 10.53% year-on-year.
The company expects a corresponding increase in revenue in the future, but at the same time the industry gross profit is still at a low level. Therefore, the company expects to achieve a net profit of 46,420,800 yuan to 627.802 million yuan in the first half of this year, with a year-on-year change range of -15% to 15%.
In 2013, the company achieved operating income of 1.141 billion yuan, an increase of 38.8% year-on-year, mainly due to the Guangdong government's efforts to promote the growth of outdoor lighting products.
Qinshang Optoelectronics also released a quarterly report showing that the company's net profit for the first quarter of 2014 was 24.41 million yuan, down 13.44% year-on-year; operating income was 249 million yuan, up 10.53% year-on-year.
The company expects a corresponding increase in revenue in the future, but at the same time the industry gross profit is still at a low level. Therefore, the company expects to achieve a net profit of 46,420,800 yuan to 627.802 million yuan in the first half of this year, with a year-on-year change range of -15% to 15%.
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