On April 25th, Hangzhou Yuanfang Optoelectronics released the first quarterly report for 2013. During the reporting period, Yuanfang Optoelectronics realized operating income of 35.4 million yuan, down 24% from the same period of last year; net profit attributable to shareholders of listed companies was 10.89 million yuan, down 46% from the same period of last year; basic earnings per share was 0.09 yuan, year-on-year. A drop of 63%.
According to Yuanfang Optoelectronics, due to the macroeconomic situation and the development of the industry, the rate of industrial recovery did not reach the original expected target, and the impact on the effect of the 2013 Spring Festival holiday was insufficient, resulting in the company's first quarter 2013 performance.
Yuanfang Optoelectronics said that the company will continue to actively promote the construction of fundraising projects. We will promote the construction of the main building of “1500 sets of LED photoelectric testing equipment expansion project†and “R&D center construction projectâ€, and strive to complete related work on schedule.
According to Yuanfang Optoelectronics, due to the macroeconomic situation and the development of the industry, the rate of industrial recovery did not reach the original expected target, and the impact on the effect of the 2013 Spring Festival holiday was insufficient, resulting in the company's first quarter 2013 performance.
Yuanfang Optoelectronics said that the company will continue to actively promote the construction of fundraising projects. We will promote the construction of the main building of “1500 sets of LED photoelectric testing equipment expansion project†and “R&D center construction projectâ€, and strive to complete related work on schedule.
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