Yunnan Lincang Xinyuan germanium industry profit rose 108.18% in 2017 compared with the same period last year

SMM2 28: recently, Yunnan Lincang Xin round germanium industry announced 2017 results KuaiBao, 2017 attributable to shareholders of listed companies net profit of 8444160.36 yuan, up 108.18 per cent from the same period last year. Operating profit was 16547664.97 yuan, up 112.82 per cent from the same period last year. For details, see:

Statement of operating performance and financial position

Operating performance statement

The company achieved 489.856 million yuan in revenue this year, an increase of 64.20 percent over the previous year's 298.3324 million yuan. the main reason is that the sales volume of this year's main products has increased significantly compared with the previous year. Among them: sales of infrared germanium lenses, optical fiber germanium tetrachloride and gallium arsenide wafers (equivalent to 2 inches) increased by 58.03%, 32.47% and 292.94%, respectively, compared with the previous year. in addition, This year, the revenue from trade business increased by 158.3366 million yuan;