Sanan Optoelectronics (600703) disclosed its earnings forecast on Wednesday night, expecting the company's first quarter net profit to increase by 40%-55% over the same period of the previous year. In the same period last year, the company earned 160 million yuan.
Sanan Optoelectronics said that during the reporting period, LED demand was strong. The company's main equipment, MOCVD, was completed except for the R&D machine, resulting in a significant increase in the main business income and net profit of the current period.
Sanan Optoelectronics said that during the reporting period, LED demand was strong. The company's main equipment, MOCVD, was completed except for the R&D machine, resulting in a significant increase in the main business income and net profit of the current period.
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