Huacan Optoelectronics' net profit increased by more than 2 times in the whole year.

On the evening of August 12, Huacan Optoelectronics announced the 2014 semi-annual report. In the first half of the year, the company realized operating income of RMB 340,149,600, an increase of 172.19% over the same period of last year; the net profit attributable to ordinary shareholders of listed companies was RMB 44,145,000, an increase of 239.25% over the same period last year.

During the reporting period, the company's LED chip production increased by 123.67% over the same period of the previous year, and the sales volume increased by 144.76% over the previous year.

Huacan Optoelectronics said that it is expected that the operating income will continue to grow rapidly in the second half of the year, and the net profit for the year will be turned into a profit.

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