Sanan Optoelectronics expects net profit for the first three quarters to increase by 55% to 60% year-on-year
On October 10, Sanan Optoelectronics released a performance forecast. The company expects the net profit attributable to shareholders of listed companies from January to September 2017 to change by 55.00% to 60.00%, and the average net profit growth rate of optical optoelectronics industry is 43.51%.
The company made the above prediction based on the following reasons: During the reporting period, LED demand was strong, resulting in a significant increase in the net profit attributable to the parent company's main business realized by the company in the first three quarters of 2017 compared with the same period of the previous year. Specific financial data will be disclosed in detail in the company's 2017 third quarter report.
Foshan Lighting expects net profit for the first three quarters to increase by 141% to 149% year-on-year
On October 10, Foshan Lighting released a performance forecast. The company expects the net profit attributable to shareholders of listed companies from January to September 2017 to be 675 million to 697 million, a year-on-year change of 141.00% to 149.00%, and the average net profit growth rate of the white goods industry is 26.63. %.
The company makes the above predictions for the following reasons:
1. During the reporting period, the company conscientiously implemented the development strategy formulated by the board of directors, adopted effective measures to overcome the unfavorable factors of industry competition and rising cost, strengthened the research and development of domestic and foreign markets, continuously increased R&D investment, and continuously optimized the high-end product structure and customers. Structure, the company's market competitiveness has been further strengthened. While continuing to strengthen and expand the general lighting sector, the company accelerated the development of electrical and automotive lighting segment business, the new business development momentum is good, the company's operating income continues to grow, especially the electrical sector realized sales income of 98,168,700 yuan, automotive lighting The segment achieved sales revenue of RMB 117,318,300, providing the company with a new profit growth point.
2. In the third quarter, the company reduced its shareholding in Guoxuan Hi-Tech by 8,770,400 shares, and the total transaction amount was 307,248,500 yuan. After deducting the cost and related taxes and fees, the company obtained an investment income of 270,909,100 yuan, increasing 2017. The net profit for the third quarter was 229,576,800 yuan.
3. In the third quarter of 2017, the company transferred its 38% equity of Qinghai Fozha Lithium Energy Development Co., Ltd. to Guangdong Keda Jieeneng Co., Ltd. for RMB 18,981,600. The company confirmed the investment income in the third quarter of 18,428.47. Ten thousand yuan, increased net profit for the third quarter of 2017 of 16,048.04 million.
Foshan Lighting's third-quarter net profit increased by more than 5 times
Foshan Lighting released a performance forecast on the evening of the 10th. It is estimated that the net profit for the first three quarters will be 675 million yuan to 6.9 billion yuan, a year-on-year increase of 141%-149%. Among them, the third quarter net profit of 446 million yuan - 468 million yuan, an increase of 510% -540%. The company accelerated the development of electrician and automotive lighting business, and the new business development momentum was good. In the third quarter, the company reduced its shareholding in Guoxuan Hi-Tech, increasing net profit by 229 million yuan; transferring 38% equity of Qinghai Fozha Lithium Energy and increasing net profit by 160 million yuan.
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