On August 22, Jiangsu Nanda Optoelectronics released the 2013 semi-annual report. During the reporting period, the company achieved operating income of 67.4 million yuan, down 40.03% from the same period of the previous year of 112 million yuan, operating profit of 39.65 million yuan, down 37.25% over the same period of the previous year of 63.19 million yuan, achieving net profit attributable to shareholders of listed companies. 34.23 million yuan, down 37.46% from the same period of the previous year, 54.73 million yuan.
Nanda Optoelectronics said that during the reporting period, the company's operating income decreased by 45 million yuan over the same period of the previous year. The main reason was that the increase in market competition led to a decline in sales prices, which led to a significant drop in operating income and operating profit.
The net cash flow from operating activities increased by 38.32 million yuan over the same period of the previous year, mainly due to the increase in the total amount of accounts receivable and bills receivable at the end of 2012 compared with the total amount of accounts receivable and bills receivable at the end of 2011, which was 38.39 million yuan. The recovery of some of the funds was reflected in the cash flow generated from operating activities in the first half of 2013.
Nanda Optoelectronics said that during the reporting period, the company's operating income decreased by 45 million yuan over the same period of the previous year. The main reason was that the increase in market competition led to a decline in sales prices, which led to a significant drop in operating income and operating profit.
The net cash flow from operating activities increased by 38.32 million yuan over the same period of the previous year, mainly due to the increase in the total amount of accounts receivable and bills receivable at the end of 2012 compared with the total amount of accounts receivable and bills receivable at the end of 2011, which was 38.39 million yuan. The recovery of some of the funds was reflected in the cash flow generated from operating activities in the first half of 2013.
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