LED sales increased significantly Ruifeng Optoelectronics estimated net profit for the first three quarters increased by 15% -35%

"G20-LED Summit member companies" - Ruifeng Optoelectronics released the results forecast for the first three quarters of 2013, the company estimated the net profit attributable to shareholders of listed companies: 4,163,800 yuan - 48,880,300 yuan, compared with 36,270,600 in the same period of the previous year Year-on-year growth: 15% -35%.

Ruifeng Optoelectronics said that the company continued to carry out in-depth market, R&D and sales. During the reporting period, the performance has increased significantly compared with the same period of last year. The LED lighting market is driven by relevant support policies, and the demand for commercial lighting and indoor lighting is strong. During the reporting period, sales of lighting LEDs increased significantly year-on-year. The medium and large-size LCD backlights also benefited from the popularity of LED LCD TVs and the increase in TV size.

Also. Ruifeng Optoelectronics pointed out that during the reporting period, the company's non-recurring gains and losses are expected to be 6.723 million yuan, mainly for government subsidies.

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