FSL first half net profit of 189 million LED revenue growth of over 3 times

FSL's August 27th announcement that the first half of 2014, the company achieved operating income of 1 billion 543 million yuan, an increase of 27.71% over last year, of which domestic sales revenue 1 billion 52 million yuan, up 19.51% over the same period last year, export sales of RMB 491 million yuan, up 49.72% over the same period last year; a total profit of 229 million yuan, up 18.86% over the same period last year attributable to the listed; the shareholders of the company net profit of 189 million yuan, an increase of 23.46% over last year.

Among them, the traditional lighting products to achieve operating income 1 billion 107 million yuan, up 1.82% over the same period last year, gross margin was 26.88%, an increase of 2.95%; sales of LED lighting products for 421 million yuan, up 341.1% over the same period last year, gross margin was 20.37%, an increase of 6.68%.

During the reporting period, the domestic and international economic environment is complex and changeable, the recovery of the overseas market is long and fragile, and the domestic economy is slowing down. For the lighting industry in which the company is located, the product structure overcapacity, market competition, product prices continued to fall, the elimination of integration of enterprises to accelerate the industry increasingly prominent inflection point. In the face of the ups and downs of the industry environment, the company will continue to increase efforts to expand domestic and international markets, so that the company's main business to maintain steady growth.

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