Sanan Optoelectronics disclosed today's 2011 annual results pre-announcement announcement that the production conditions of factor company Tianjin Sanan Optoelectronics Co., Ltd. have been further improved, and some equipments of Anhui Sanan Optoelectronics Co., Ltd. have been gradually put into production and generated benefits. The company's main business realized in 2011 Net profit has increased significantly over the same period of the previous year. According to preliminary estimates by the company's financial department, the net profit for 2011 is expected to increase by more than 110% year-on-year.
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The net profit of Sanan Optoelectronics in 2010 was 4,192.65 million yuan. According to this calculation, the company's full-year net profit for 2011 will exceed 880 million yuan, of which the first three quarters of 2011 have contributed a total of 585 million yuan.
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