Australia Shunchang 2014 net profit of 170 million LED into the bulk of

27 evening, Australia Shunchang disclosed in 2014 annual report, last year the company achieved a total revenue of 1 billion 520 million yuan, net profit of 170 million yuan, an increase of 83.32%, earnings per share of 0.41 yuan, the company also launched the 10 distribution plan 3 to send 9 to send 0.8 yuan.

LED is a key factor in business performance of the company. The outbreak of the company in 2014 LED business achieved operating income of 242 million yuan, an increase of 630%, with net profit of 82 million yuan; and comprehensive business logistics business of traditional metal also maintain steady growth.

Two wheel drive while maintaining stability

"With the LED project completed production, allows the company to maintain the original stable development of business at the same time, LED business performance, sales revenue and profit contribution increased significantly, the company metal distribution business and LED business double main business strategy basically formed. "Australia Shunchang is a summary of the report of the board of directors as the company's current business pattern.

Australia Shunchang report shows that last year despite the decline due to metal logistics base prices resulting in operating income is lower than expected, but the company is still developing demand and explore new formats to achieve a net profit growth, gross margin year-on-year growth of 1.6 percentage points; while in the company focus on investment in the LED business, because the first phase of the project ahead of the completion of the production, production and sales, LED business revenue and profit contribution showed an increasing trend by quarter, the annual public net profit of 82 million 120 thousand yuan, accounting for listed companies net profit ratio is about 48%, net profit contribution has exceeded the metal logistics business.

Company's 2015 business plan shows that this year the company will continue to develop LED business and steady development of the metal logistics and small loan business, plans to achieve the consolidated statements attributable to the parent company net profit of 260 million yuan, an increase of 53% plans. In the specific business plan, LED business sales revenue target of 600 million yuan, the business objectives of the metal logistics business and small loans were $1 billion 600 million and $100 million. Meanwhile, the company expects first quarter results grew 60 - 90%!

Take off again worth looking forward to

The report shows that, after the LED and metal logistics double main business strategy has achieved initial success, Australia Shunchang is still promoting the follow-up action layout.

"2015 is the first year of implementation of the strategic plan, the company will adhere to 'internal management innovation system" as the core, with the company's outstanding strategic decision-making and execution continues to advance' for 2016, the medium-term planning vision of the company profit more than doubled in 2014 to achieve ". "Dong Milin told reporters.

Take the LED as an example, in 2015 the company plans to increase investment in research and development of LED technology, improve the technical performance of chip products, technology research and development production of 4 inch tablet and gradually accelerate the flip chip technology power device LED related field, and continue to adhere to the differentiated competitive strategy, the formation of bureau of the Ministry of flagship product and competitiveness of the super class, at the same time also in the construction of LED two phase of the project through the construction of considering mergers and acquisitions may extend to achieve scale and industrial chain means.

On the other hand, the company said. In the existing two main exploration, racing together bridle to bridle at the same time, two years to develop into a new, high growth of industry, new materials, new energy, TMT and other industries as a core, become the new growth point of the company's subsequent earnings.

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