The performances of the three major lighting companies, Op, Huacan and Tailong, are big!
Release date: 2017-08-25Source : LEDinside
In the early morning of this morning, three lighting companies, Op Lighting , Huacan Optoelectronics and Tailong Lighting, released their first-half reports. The report shows that the performance of these three companies is good news.
Op Lighting's first half of the year's performance is bright, with a net profit of 259 million yuan
According to the semi-annual report of Op Lighting , the company's operating income reached about 3.010 billion yuan, an increase of 34.75% compared with the same period of last year; the total profit was about 314 million yuan, an increase of 38.28%; the realization of the shareholders belonging to the listed company. Net profit was 259 million yuan, a year-on-year increase of 41.29%.
At present, the company has four major business segments: home lighting, commercial lighting, lighting sources, lighting control and other products. The company said that the reason for the change in operating income was mainly due to the expansion of sales volume in the current period. During the reporting period, the company will continue to adhere to the core values ​​of “innovation, responsibility, speedâ€, and focus on the company's development strategy, by continuously expanding the business sector, deepening business channels, actively deploying the Internet of Things and smart lighting, and promoting industrial automation processes. Steady growth in various businesses.
Huacan Optoelectronics' net profit for the first half of the year was 216 million yuan, an increase of more than 3 times
Huacan Optoelectronics announced that the company's production lines are all in full condition, and the products are currently in short supply. According to the market situation, the increase and release of new capacity will be accelerated. The production and sales volume will increase significantly compared with the same period of last year, increasing the company's production capacity. Capacity, the sales volume of LED chip products increased compared with the previous year, and the operating income was 1,193,033,500 yuan, an increase of 94.64% over the same period of last year. The price of LED chips in the report period continued the stable trend since the fourth quarter of last year, and the capacity utilization rate was higher. The company also further reduced the average cost per unit of product, the company's gross profit margin reached 33.72%, a larger increase than the same period last year.
In addition, the company's operating profit in the first half of the year was about 146.33 million yuan, an increase of 601% over the same period of last year. The increase in revenue and gross profit margin made the company's performance increase significantly during the reporting period, which became the main reason for the company's first-half profit growth. . In the first half of the year, the company achieved a net profit of RMB 21,062,300, an increase of 306.28% over the same period of the previous year. The net profit after deducting non-recurring gains and losses was RMB 12,747,400, an increase of 474.28% over the same period of the previous year. The blue crystal technology acquired in 2016 has achieved good growth, further enhancing the company's overall profit level. At the same time, the production efficiency and product performance of the epitaxial wafers were further improved, and the export revenue increased by 40.96% over the previous year.
Tailong Lighting's revenue was 122 million yuan, and net profit increased by 18.07% year-on-year.
In the first half of 2017, Tailong Lighting achieved operating income of RMB 121,922,294.12, a year-on-year increase of 21.66%. The net profit attributable to owners' equity of the parent company was RMB 13,331,447.91, an increase of 18.07% year-on-year.
In terms of products, lighting appliances contributed the most revenues, reaching 109,942,369.70 yuan, a year-on-year increase of 21.07%, and a gross profit margin of 41.08%. Secondly, LED displays, achieving revenue of 7,536,500.88 yuan, up 21.52% year-on-year, gross margin was 32.19%; The photoelectric signage realized revenue of RMB 3,816,832.86, a year-on-year increase of 51.85% and a gross profit margin of 17.53%.
The company said that its growth in the past six months was mainly due to the successful listing of the company on the GEM in early May 2017. Through the listing, the company's operating funds have been greatly enriched, brand awareness has been significantly improved, on the other hand, the company has created favorable conditions for the company's rapid and good development, as well as the company's strong research and development advantages, product advantages and effective market development, the company The scale of business and profit levels have steadily increased.
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Tags: Op Lighting, Huacan Optoelectronics, Tailong Lighting
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