Dehao Runda net profit tripled

Dehao Runda (002005) performance report shows that the company's 2010 annual operating income was 2.658 billion yuan, an increase of 38.32%; the net profit attributable to shareholders of listed companies was 196 million yuan, an increase of 300.02%; basic earnings per share was 0.56 yuan.

During the reporting period, the company completed the non-public issuance. After the funds were raised, the company accelerated the investment progress of the Wuhu LED Photoelectric Industry Base. However, the company's LED project is still in the construction period, and the investment is huge and the production capacity has not been released. During the reporting period, the LED project received a large amount of government financial subsidies, which led to a significant increase in the overall operating performance of the company.