Sanan Optoelectronics (600703) disclosed a quarterly report on the evening of April 21. In the first quarter of 2014, the company achieved operating income of 823 million yuan, a year-on-year increase of 30.7%; net profit attributable to shareholders of listed companies was 228 million yuan, an increase of 42.49%; Earnings per share of 0.15 yuan.
The company's operating income increased by 30.7% over the same period of the previous year, mainly due to the further release of the production capacity of LED subsidiaries, which resulted in a significant increase in production and sales; non-operating income increased by 130% over the same period of the previous year, mainly due to the receipt of revenue in the current period. The increase in government subsidies.
At present, LED demand is very strong, and the company's production capacity is seriously insufficient. According to the research of the company's board of directors, it was decided that the three wholly-owned subsidiaries of the company, Anhui Sanan Optoelectronics Co., Ltd., Tianjin Sanan Optoelectronics Co., Ltd. and Xiamen Sanan Optoelectronics Technology Co., Ltd., will increase their production by a total of 500 million yuan. The relevant matters will be determined according to the overall arrangement of Anhui Sanan Optoelectronics Co., Ltd., Tianjin Sanan Optoelectronics Co., Ltd. and Xiamen Sanan Optoelectronics Technology Co., Ltd.
The company's operating income increased by 30.7% over the same period of the previous year, mainly due to the further release of the production capacity of LED subsidiaries, which resulted in a significant increase in production and sales; non-operating income increased by 130% over the same period of the previous year, mainly due to the receipt of revenue in the current period. The increase in government subsidies.
At present, LED demand is very strong, and the company's production capacity is seriously insufficient. According to the research of the company's board of directors, it was decided that the three wholly-owned subsidiaries of the company, Anhui Sanan Optoelectronics Co., Ltd., Tianjin Sanan Optoelectronics Co., Ltd. and Xiamen Sanan Optoelectronics Technology Co., Ltd., will increase their production by a total of 500 million yuan. The relevant matters will be determined according to the overall arrangement of Anhui Sanan Optoelectronics Co., Ltd., Tianjin Sanan Optoelectronics Co., Ltd. and Xiamen Sanan Optoelectronics Technology Co., Ltd.
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