The sales volume of the products increased sharply. The net profit of the first three quarters of Jufei Optoelectronics increased by 40%.

Jufei Optoelectronics (300303) released its third quarter performance report on the evening of October 21. In the first three quarters, the company achieved operating income of 530 million yuan, a year-on-year increase of 51.98%. The net profit attributable to shareholders of listed companies was 97.62 million yuan, a year-on-year increase of 40.46%. The basic earnings per share is 0.45 yuan. The report pointed out that with the growth of the company's operating scale, the company's product sales increased significantly, resulting in an increase in operating income.

In the third quarter of 2013, the total operating income was 210 million yuan, an increase of 51.13% over the previous year; the net profit attributable to shareholders of listed companies was 36.365 million yuan, an increase of 52.45% over the previous year; the basic earnings per share was 0.17 yuan.

Jufei Optoelectronics said that the company's products are positioned in the middle and high-end, the company has always won the recognition of customers and the market reputation with outstanding product cost-effective advantages and thoughtful service. However, the LED industry market is more competitive and may reduce the company's gross profit margin.

Jufei Optoelectronics said that in the future, it will increase the sales of medium and large size backlights and lighting LEDs. However, the gross profit margin of LED lighting market is lower than that of the company's current small-size backlight LED devices, which are more than 60%, such as the future sales of lighting LED devices. The increase in the proportion will increase the company's overall gross profit margin while increasing the company's total profit.