Product Maintenance

FSL 2013 Q1 total operating income of 546 million

FSL released 2012 annual report, the company achieved operating income of 2 billion 202 million yuan, down 2.61%; attributable to the listed company net profit of 400 million yuan, a year-on-year increase of 37.31%; basic earnings per share of 0.41 yuan. Company intends to distribute cash dividend of 3.1 yuan per share (including tax) of 10.

Announcement shows that the company achieved power source sales revenue 2 billion 157 million yuan, down 2.49% over the previous year, of which domestic sales revenue 1 billion 546 million yuan, a year-on-year increase of 11.87%, export sales revenue of about 611 million yuan, due to incandescent ban law came into force and influence of foreign economic recession decreased by 26.03%.

FSL said in 2013 will improve the industrial layout, and actively develop new products such as LED, expanding LED production capacity. At the same time to speed up the layout of the three or four market, refine distributor management, strengthen market control efforts. On the other hand, the company will strengthen internal management, control operating costs.

The company also released a report in 2013 first quarter, the first quarter of 2013 total revenues of 546 million yuan, an increase of 11.03% over the same period last year; net profit attributable to shareholders of listed companies was 67 million yuan, an increase of 18.2%; basic earnings per share of 0.07 yuan.

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