Guangyu shares released a semi-annual performance forecast on the afternoon of July 12. The net profit attributable to shareholders of the listed company during the reporting period was RMB 25.65 million – RMB 28.75 million, an increase of 65%-85% over the same period of the previous year.
The company promoted all kinds of work in an orderly manner according to the annual business plan. The business scale continued to expand. In the first half of 2017, operating income and net profit increased significantly compared with the same period of last year. The main reasons were:
The company's LED lighting and LED packaging business continued to grow steadily, which had a positive impact on 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.
According to the financial report, in the first quarter of 2017, Guangyi shares realized operating income of 86.891 million yuan, an increase of 43.83% over the same period of last year; net profit attributable to shareholders of listed companies was 11.427 million yuan, an increase of 72.52% over the same period of the previous year. The main business of the company has not undergone major changes, LED lighting and LED packaging business maintained steady and steady growth; LED backlight module and accessory parts business remained basically stable; FPC business revenue increased significantly.
It is understood that the company's shares were successfully listed on April 6 this year. As the first company in the LED lighting industry to successfully transfer from the New Third Board, the “Capital Dream†road of Guangsheng shares has also set an example for LED lighting companies.
All along, Guanghao has focused on LED lighting, strengthened its in-depth cooperation with existing large customers, and continued to explore the international market; using new plant investment and new automation equipment to expand production scale and achieve rapid growth in sales of LED lighting products; Continuously strengthen internal control and standard operation, comprehensively improve operational management efficiency and market competitiveness, and strive to complete various plans formulated by the board of directors to achieve sustained and stable development of the company.
It is worth mentioning that on the evening of July 11, Guanghao shares announced that the company intends to use the cash contribution method to the wholly-owned subsidiary Guangsheng (Hong Kong) Co., Ltd. (English name: Compro Lighting CO., Limited , hereinafter referred to as "Hong Kong Lights", increased by 4.9 million US dollars.
Hong Kong's optical business scope: development, design, sales of lighting, lighting, electronic products, and wholesale and retail electronics.
Guanghao shares said that this capital increase for Hong Kong's Guangxu will be used to expand the overseas platform of the lighting business for the follow-up investment business of Hong Kong.
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