Sanan Optoelectronics released its first quarter 2012 results forecast. The company expects net profit attributable to owners of the parent company to be more than 195 million yuan in the first quarter, compared with net profit of 164 million yuan in the same period last year.
The company said that due to the gradual commissioning of its wholly-owned subsidiary Anhui Sanan Optoelectronics Co., Ltd., the company's main business realized in the first quarter of 2012 had a significant increase in net profit over the same period of the previous year.
The company said that due to the gradual commissioning of its wholly-owned subsidiary Anhui Sanan Optoelectronics Co., Ltd., the company's main business realized in the first quarter of 2012 had a significant increase in net profit over the same period of the previous year.
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