Hongli breaking 90 million Q1 net profit last year net profit nearly doubled

[LED] - honglitronic day ago released 2014 annual report, the reporting period, the company achieved operating income of 1 billion 17 million 669 thousand and 300 yuan, up 38.38% over the previous year; operating costs 764 million 118 thousand and 900 yuan, representing year-on-year growth of 38.19%; attributable to owners of the parent company net profit of 90 million 909 thousand and 800 yuan, up 48.93% over the previous year.

2014 the company's main business income products

Results showed that the contract energy management business revenue of 6 million 428 thousand and 800 yuan, the largest increase, up to 220.54%; secondly, LED support revenue of 16 million 739 thousand and 800 yuan, an increase of 100%; however, the general lighting products revenue of 166 million yuan, an increase of the minimum, only 3.68%.

The company said, the driving factors of changes in income are: 2014, lighting market demand, the company increased marketing efforts, prompted the company effective release of production capacity, to maintain a steady growth in the main business. Meanwhile, the acquisition of the company's subsidiaries included in the consolidated statements of performance, so that the company's performance in 2014 has increased.

The company also announced the 2015 first quarterly report, the reporting period, the company achieved operating income of 287 million 726 thousand and 800 yuan, representing a growth of 62.45%; a total profit of 38 million 781 thousand and 500 yuan, up 150.62% over the same period last year; net profit of 30 million 474 thousand and 500 yuan, representing a growth of 113.61%; attributable to ordinary shareholders of listed companies net profit of 27 million 270 thousand yuan. Growth of 91.15% over the same period last year.

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