On December 26, Yuanfang Optoelectronics (300306) released a performance forecast. It is expected that the company's 2012 results will decrease by 20%-35% year-on-year. In 2011, the company's profit will be 96.72 million yuan.
According to the company, the reason for the expected decline in performance was that the sales revenue during the reporting period decreased year-on-year due to the impact of the macroeconomic situation. The net profit after deducting non-recurring gains and losses is expected to vary from -26% to -9%.
According to the company, the reason for the expected decline in performance was that the sales revenue during the reporting period decreased year-on-year due to the impact of the macroeconomic situation. The net profit after deducting non-recurring gains and losses is expected to vary from -26% to -9%.
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