Huacan Optoelectronics released the 2014 annual performance report on the evening of the 27th. During the reporting period, the company achieved operating income of 706 million yuan, an increase of 123.30% over the same period of last year; net profit attributable to shareholders of listed companies was 90.9061 million yuan, an increase of 1155.01% over the same period of last year.
Huacan Optoelectronics said that the company's performance surged because the LED chip market demand was driven by lighting applications, and overall maintained a good growth momentum, the product price decline trend was basically stable, and with the Suzhou Subsidiary Phase I construction project gradually put into production, the company's Production capacity has been significantly improved. During the reporting period, the company's sales revenue and profitability increased significantly compared to the same period last year. The reputation of the products in the lighting market has been initially established, and the products have achieved scale export sales, and the company has turned losses into profits.
Huacan Optoelectronics said that the company's performance surged because the LED chip market demand was driven by lighting applications, and overall maintained a good growth momentum, the product price decline trend was basically stable, and with the Suzhou Subsidiary Phase I construction project gradually put into production, the company's Production capacity has been significantly improved. During the reporting period, the company's sales revenue and profitability increased significantly compared to the same period last year. The reputation of the products in the lighting market has been initially established, and the products have achieved scale export sales, and the company has turned losses into profits.
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