Crystal Optoelectronics' profit in the first half of the year increased by 45%. The LED substrate project is ready for mass production.

[High-tech LED News] Crystal Optoelectronics released the first half of 2011 financial report, the company achieved operating income of 190 million in the first half of the year, an increase of 37.6%; operating profit of 69.91 million, an increase of 44.6%; net profit attributable to the parent company of 60.37 million, year-on-year The growth was 41.7%; the fully diluted earnings per share was 0.522 yuan, and the performance was basically in line with expectations. The company also said that it will not distribute profits in the medium term.

The announcement pointed out that the LED sapphire substrate project invested by the company will open up new growth points. The company plans to invest 325 million to build 3.6 million sapphire LED substrates and 2.4 million graphic sapphire LED substrate projects using the advantages of optical cold processing. It has already formed a mass production scale.

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