Ev> Blog> SMD LED unit price decline caused by Guoxing Optoelectronics' net profit in 2011 decreased by 15%

SMD LED unit price decline caused by Guoxing Optoelectronics' net profit in 2011 decreased by 15%

June 02, 2021
Guoxing Optoelectronics recently announced the 2011 Annual Results Express. The company's SMD LED production expanded in 2011, achieving operating income of 1.076 billion yuan, an increase of 22.58% over the same period of the previous year.

According to the announcement, the total profit of Guoxing in 2011 and the net profit attributable to shareholders of listed companies were 149 million yuan and 121 million yuan respectively, down 14.95% and 17.97% respectively over the same period of last year. The company said that the main unit price of SMD LEDs declined. Caused by.

In addition, the company also said that the company's operating scale increased, the total assets at the end of 2011 increased by 16.57% from the end of the previous year, reaching 2.687 billion yuan.
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