Involved in the price war in the first three quarters of the southern photoelectric net profit down by 20%

South photoelectric (300346) 10 evening performance Disclosure Notice, the company expects 1-9 month net profit of about 33 million yuan, 40 million yuan, down about 21.89%-35.56%.

South photoelectric said, affected by the rapid development of the LED industry, the first three quarters of 2014 sales rose; at the same time, in the fierce market competition product prices fell, causing the company before 2014 three quarter compared with the same period last year.

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