From January to June 2014, Tongfang Guoxin achieved operating income of 452 million yuan, a year-on-year increase of 16.46%.
Tongfang Guoxin said that during the reporting period, the revenue and profit of the company's integrated circuit business continued to grow, and the performance of the quartz crystal business was stable. Among them, the integrated circuit business realized operating income of 353 million yuan, achieving a net profit of 132 million yuan; quartz crystal and LED substrate materials business realized operating income of 98 million yuan, achieving a net profit of 5.67 million yuan. The scale of operation of the integrated circuit business continued to grow. The operating income of the integrated circuit business accounted for 78% of the company's business income, and the net profit of the integrated circuit business accounted for 96% of the company's net profit.
In the semi-annual report, Tongfang Guoxin also expects net profit of 190 million yuan to 256 million yuan from January to September this year, a year-on-year increase of no more than 35%. The main reason is that the company's traditional business has maintained steady growth, and new products are gradually entering the market. The performance has steadily increased. Non-recurring gains and losses are expected to be lower than the same period last year.
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