Lehman's first-half net profit fell 27% year-on-year

Lehman Optoelectronics released the first half of 2013 performance report, achieving a main business income of 153.39 million yuan, an increase of 7.06% over the same period of the previous year; total profit of 177.5557 million yuan, down 22.27% over the same period of last year; The profit was 147.536 million yuan, a decrease of 26.65% from the previous year.

Lehman Optoelectronics said that in terms of marketing, due to the continued weak demand for downstream applications in the LED industry in recent years, market competition has become increasingly fierce and product prices have continued to decline. New areas including LED lighting energy saving and LED media are still in the early stage of investment, and human resources and various expenses are invested. In addition, Huizhou New Industrial Park was completed and put into operation. Operating expenses increased during the reporting period, resulting in net profit compared with last year. It fell by 26.65% over the same period.

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