2013-08-20

China-based LED Chip Supplier HC SemiTek Suffers Decrease of 61.47% in Net Profit in the First Half of 2013 Y-o-Y

In line with the Financial Results for the first half of 2013 HC SemiTek recently released, its total revenue is 112 million Yuan, decrease of 40.42 percent compared to the same period of last year. The net profit attributable to shareholders of listed companies is 14.29 million Yuan, down 61.47 percent over the same period of last year. Basic EPS (earnings per share) is about 0.05 Yuan, down 68.75 percent Y-o-Y. HC SemiTek said that operating income in the first half of 2013 dropped 40.42% Y-o-Y, after the last year's irrational price competition in LED chip...
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