On January 19th, Guangsheng Co., Ltd. released a performance forecast. The company expects the net profit attributable to shareholders of listed companies from January to December 2017 to be 50 million to 50.6 million, a year-on-year change of 16.21% to 30.15%. The average net profit growth rate of the optical optoelectronics industry is 113.73%.
The company makes the above predictions for the following reasons:
1 company's LED lighting, LED packaging business continued to grow steadily, contributing to the company's operating income and net profit.
2 Compared with the same period of last year, FPC business and rental income increased during the reporting period, which also contributed to the growth of net profit.
In 2017, the impact of non-recurring gains and losses on the company's net profit is estimated to be approximately RMB 9.5 million.
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