Net income falls-LEDinside

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2013-08-26

ETI LED Sales Surge, Net Income in 1H13 Reaches US$ 8.25 M

Elec-Tech International (ETI) revenues grew 10.52% to RMB 1.35 billion (US$ 220 million) in 1H13, according to the company’s 1H13 financial report released on Aug. 24. However, the company’s net income plunged 59.38% compared to the same period last year to RMB 50.5 million.

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