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Tianjin Semiconductor H1 Net Up 150%
[September 01, 2014]

Tianjin Semiconductor H1 Net Up 150%


(Sinocast Energy Beat (China) Via Acquire Media NewsEdge) TIANJIN, September 1, SinoCast -- Tianjin Semiconductor (SZSE: 002129) reaped aggregate operating revenue of about CNY 2.39 billion in the first half of 2014, up 52.69% from a year ago. Net profit rose 150.31% to about CNY 70.09 million, a similar level with the total of 2013. EPS was CNY 0.08. Comprehensive gross margin inched up 3.14 percentage points too 13.04%.



It expected net profit of CNY 100 million to CNY 123 million in the first three quarters, up 120% to 170%.

Based on a sharp edge in monocrystalline silicon wafer technology, it cooperated with leading foreign firms actively to tap overseas market. Sales revenue from export jumped 68.99% to CNY 803 million.

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