On October 24, Guoxing Optoelectronics released the third quarter report of 2012. During the reporting period, the company's total operating income was approximately 236 million yuan, down 13.36% year-on-year; the net profit attributable to shareholders of listed companies was approximately 21.21 million yuan, a year-on-year decrease of 31.52%. The basic earnings per share is 0.05 yuan.
At the same time, Guoxing Optoelectronics expects the range of changes in net profit attributable to shareholders of listed companies in 2012 to be 10.0847 million yuan - 84.355 million yuan, a change range of -10% - 30%. In this regard, Guoxing Optoelectronics said that due to the influence of SMD products by household appliances customers, the sales revenue of LED products for home appliances has declined. In addition, the domestic LED industry is highly competitive and prices have fallen.
At the same time, Guoxing Optoelectronics expects the range of changes in net profit attributable to shareholders of listed companies in 2012 to be 10.0847 million yuan - 84.355 million yuan, a change range of -10% - 30%. In this regard, Guoxing Optoelectronics said that due to the influence of SMD products by household appliances customers, the sales revenue of LED products for home appliances has declined. In addition, the domestic LED industry is highly competitive and prices have fallen.
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