Dongshan Precision released the 2013 annual performance report. The company's total operating income for 2013 was 2.62 billion yuan, up 44.48% over the same period of the previous year. The company's total profit for 2013 was 300.26 million yuan, an increase of 125.78% over the same period of the previous year; belonging to the shareholders of listed companies. The net profit was 28.515 million yuan, an increase of 125.79% over the same period of the previous year.
Dongshan Precision said that the main reasons for the increase in performance are:
(1) The LED industry in which the company's emerging business is located continues to maintain steady growth. As a comprehensive precision manufacturing service provider with industrial chain advantages, the company has further shown a rapid development trend.
(2) During the reporting period, the company continued to increase the market development and research and development of new products, and the expenses during the period increased.
(3) In 2012, the company's operating profit, total profit and net profit were negative due to the impairment provision for long-term equity investment and the recognition of large investment losses.
Dongshan Precision said that the main reasons for the increase in performance are:
(1) The LED industry in which the company's emerging business is located continues to maintain steady growth. As a comprehensive precision manufacturing service provider with industrial chain advantages, the company has further shown a rapid development trend.
(2) During the reporting period, the company continued to increase the market development and research and development of new products, and the expenses during the period increased.
(3) In 2012, the company's operating profit, total profit and net profit were negative due to the impairment provision for long-term equity investment and the recognition of large investment losses.
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