Increasing revenues did not increase profits, crystal photoelectric last year's net profit fell 23% year-on-year

On the evening of February 24, Crystal Optoelectronics (002273) disclosed the 2013 performance report. During the reporting period, the company achieved operating income of 627 million yuan, an increase of 5.76%; net profit attributable to shareholders of listed companies was 114 million yuan, down 22.76% year-on-year; basic earnings per share was 0.3 yuan.

According to the company, the company's 2013 operating income increased by 5.76% year-on-year, mainly due to the increase in sales of the company's sapphire products. The net profit attributable to shareholders of listed companies in 2013 decreased by 22.76% year-on-year, mainly due to the decrease in sales revenue and gross profit of optical components.

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