Operating costs and expenses increased Crystal Photoelectric Q1 net profit dropped 66%

Crystal Optoelectronics' 2012 Q1 total operating income was 92.9 million yuan, up 3.89% from the previous year's 89.42 million yuan; the net profit attributable to shareholders of listed companies was 10.03 million yuan, a decrease of 65.78% from the previous year's 29.31 million yuan; basic earnings per share 0.08 yuan, a decrease of 65.22% from 0.23 yuan in the previous year. The company said that the decline in performance was mainly due to the increase in operating costs and expenses, which led to a decline in the company's profitability.

The company expects net profit attributable to shareholders of listed companies to be 60.37 million yuan from January to June 2012, which will be 30% lower than the same period of the previous year. The reason for the change in performance is that the first quarter of 2012 has a large decline compared with last year, which has affected The overall performance level of January-June 2012, but in the second quarter, with the continuous improvement of the yield level, the proficiency of new employees gradually increased, and the production capacity of the subsidiary Jiangxi Crystal Photoelectric Co., Ltd. gradually increased, resulting in a decline in the company's performance in the first half of the year. The magnitude has decreased.

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