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Sanan Optoelectronics Co Ltd (600703.SS)

600703.SS on Shanghai Stock Exchange

24.12CNY
23 Feb 2018
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Sun, Jan 14 2018

BRIEF-Sanan Optoelectronics Sees 2017 Net Profit Up 45.39-50.00 Percent Y/Y

* SAYS IT SEES 2017 NET PROFIT UP 45.39-50.00 PERCENT Y/Y FROM 2.17 BILLION YUAN ($335.88 million) A YEAR AGO Source text in Chinese: http://bit.ly/2FCdzQq Further company coverage: ($1 = 6.4607 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Sanan Optoelectronics unit obtains high-tech enterprise recognition and to enjoy tax preference

* Says its wholly owned Xiamen-based unit was recognized as high-tech enterprise, and to enjoy a tax preference of 15 percent for three years

BRIEF-Sanan Optoelectronics' unit receives supporting fund of 124.2 mln yuan

* Says unit receives supporting fund of 124.2 million yuan ($18.86 million)

BRIEF-Sanan Optoelectronics sees 9-month net profit up 55-60 pct y/y

* Says it expects 9-month net profit up 55-60 percent y/y from 1.5 billion yuan ($227.65 million) year ago

BRIEF-Sanan Optoelectronics' unit sells shares in Taiwan's Epistar for about T$1.24 bln

* Says unit has sold 33.3 million shares in Taiwan's Epistar Corp for about T$1.24 billion ($40.91 million)

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