Jufei Optoelectronics estimated that the company will earn CNY22.8966 million to CNY 26.1676 million of net profit for shareholders in Q1 2012, rising 5%—20% from last year’s CNY 21.8063 million. According to Jufei Optoelectronics, both the production and the sales of the company’ products go very well and the rise in sales revenue results in the rise in net profit.

The company added that the forecasted performance data is a preliminary estimation by the financial department of the company. The actual data will be revealed in the Q1 2012 report.