Ruifeng Optoelectronics' first three quarters of 2012 are expected to rise in the same direction
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Ruifeng Optoelectronics said that in the third quarter of 2012, benefiting from the peak season of TV sales and the increase of LED TV penetration, the sales of LED backlight LEDs in large and medium-sized LCDs increased significantly. The overall sales revenue and net profit of the company in the third quarter are expected to exceed the year-on-year growth. 100%. From January to September 2012, the company's sales revenue is expected to increase by more than 50% year-on-year. However, due to fierce competition in the industry, the gross profit of product sales continued to decline in the third quarter, and the growth of net profit was lower than the growth of sales revenue.