Ruifeng Optoelectronics released 2012 performance report net profit increased by 41%
On February 21, Ruifeng Optoelectronics released the 2012 performance report. During the reporting period, the total operating income was RMB 50,082,200, a year-on-year increase of 71.63%; the operating profit was RMB 55,356,700, a year-on-year increase of 52.81%; the total profit was RMB 55,158,600. The year-on-year growth was 44.85%; the net profit was RMB 46,896,200, a year-on-year increase of 41.48%. The basic earnings per share was 0.44 yuan, an increase of 20.65% year-on-year; the weighted average return on equity was 9.05%, down 1.19 percentage points year-on-year.
In 2012, under the overall downturn of the LED market, Ruifeng Optoelectronics seized the market opportunity of the LED LCD TV market penetration rate, and achieved a substantial increase in sales and profits through technology-leading and stable quality products. The company's domestic leading position in the field of LED-TV backlights.
In 2012, under the overall downturn of the LED market, Ruifeng Optoelectronics seized the market opportunity of the LED LCD TV market penetration rate, and achieved a substantial increase in sales and profits through technology-leading and stable quality products. The company's domestic leading position in the field of LED-TV backlights.
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