Lehman Optoelectronics earned a net profit of over 22.8 million in the first half of this year.

[High-tech LED News] Lehman Optoelectronics recently released its first-half 2011 financial report. Due to the industry's traditional off-season and rising raw material prices, Lehman Optoelectronics achieved operating income of RMB 12,169,300 in the first half of 2011, a year-on-year increase of 38.79%. The total amount was 22.8781 million yuan, an increase of 9.66% over the same period of last year; the net profit attributable to shareholders of listed companies was 19.58 million yuan, a year-on-year increase of 3.96%.

In 2011, Lehman Optoelectronics changed its pricing strategy and increased its market share and increased revenue through price cuts. The company's comprehensive gross profit margin for the first half of 2011 was 30.93%; Q2 comprehensive gross profit margin increased by 2.13% to 31.65% compared with Q1.

Lehman Optoelectronics reported in the first half of 2011 that the company's operating conditions have improved significantly, and it also indicates signs of getting out of the predicament. Lehman Optoelectronics also announced the 2011 semi-annual profit distribution plan.

The company intends to distribute a cash dividend of 1 yuan (including tax) for every 10 shares to all shareholders, and to increase 10 shares for every 10 shares to all shareholders with the parent company's capital reserve.

Ningbo Autrends International Trade Co.,Ltd. , https://www.mosvapor.com

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