Guoxing Optoelectronics Q3 achieved a net profit of 23.44 million, up 48% year-on-year

On October 25, Foshan Guoxing Optoelectronics released the third quarter report for 2013. During the reporting period, the company realized operating income of 272 million, up 15% year-on-year; net profit was 23.44 million yuan, up 48% year-on-year.

Guoxing Optoelectronics expects that the net profit attributable to shareholders of listed companies will change from 60% to 100% in 2013, with a range of 62.93 million to 78.67 million. In 2012, the net profit attributable to shareholders of listed companies was 39.33 million yuan.

Guoxing Optoelectronics said that the reason for the change in performance was that the company continued to strengthen research and development, optimize product structure, and at the same time increase market expansion and business revenue growth.

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