LED business develops rapidly Dongshan Precision's net profit rose 124% last year

On April 25, Dongshan Precision disclosed the 2013 annual report. During the reporting period, the operating income was 2.642 billion yuan, an increase of 45.45% over the previous year; the net profit attributable to shareholders of listed companies was 26.77 million yuan, an increase of 124.21% over the previous year; the basic earnings per share was 0.07 yuan. The operating income of LED and its modules was 1.375 billion yuan, an increase of 155.89% over the previous year.

During the reporting period, the main reason for the significant increase in operating income and operating costs was that the company increased its R&D and market development efforts. LED related technologies and products were basically put into the market in line with the expected progress. LED backlight modules, LED lighting and other related businesses developed rapidly. Operating income and operating costs increased rapidly compared to 2012.

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