Ganzhao Optoelectronics expects net profit to fall 20%-35% in the first quarter of this year

On the evening of April 9, Ganzhao Optoelectronics (300102) issued a performance forecast. The company expects the net profit attributable to shareholders of listed companies in the first quarter of 2014 to be 153.845 million yuan - 18.935 million yuan, down 20% - 35% over the same period of the previous year.

According to Ganzhao Optoelectronics, the main reasons for the pre-reduction of performance are: 1. The decrease in net profit in the first quarter of 2014 was mainly due to the decrease in interest income of the company. The Xiamen Ganzhao Science and Technology Park and the newly purchased Yangzhou plant and land were put into use, resulting in the company's depreciation. Fixed taxes such as amortization increased. 2. Due to the development stage of the newly established subsidiaries and shareholding companies, the preliminary research and development expenses and other fixed expenses are high, which affects the company's profit and loss.

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