MO source product sales price decreased Nanda Optoelectronics interim results pre-reduced by 30%

Nanda Optoelectronics released an interim results forecast on the evening of July 3. The company expects net profit attributable to shareholders of listed companies to reach 30 million to 38 million yuan in the first half of 2013, down 30.57%-45.18% year-on-year.

During the reporting period, the company's performance decreased compared with last year. Although the LED lighting industry has gradually “recovered” this year, the sales volume of products in the second quarter has increased from the previous quarter. However, due to fierce price competition, the sales price of the company's main MO source products has decreased from last year. , causing a decline in performance year on year.

Nanda Optoelectronics is mainly engaged in optoelectronic components. The company's net profit for the first quarter of 2013 was 16.89 million yuan, down 39.49% year-on-year.

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