Beneficial first quarter net loss of 176 thousand and 600 yuan

Beneficial to publish a quarterly in 2015, the reporting period, the company achieved operating income of 116 million yuan, an increase of 15.26%, attributable to shareholders of listed companies net loss of $176 thousand and 600, an increase of 77.59%.

The reason for the change in performance: during the reporting period, the company actively adjust the business structure of EMS, a subsidiary of Wuxi stopped the seastarelectronic Co., poor profitability of the EMS business orders, resulting in the reporting period, the loss of asset impairment provision for increased management costs; in addition, LED lighting business compared to the same period last year has improved, but the contribution of the results it is not obvious; the company plans to the transformation of the Internet service industry is still in the investment period.

The company expects the first half of 2015 (1-6 months) to achieve net profit of 100-228 million, down 11%-61%.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).