Huacan, Lehman, Qinshang performance forecast released

China photoelectric 2014 annual results are expected to profit

Hua photoelectric January 30th evening announcement, in January 1, 2014 -2014 year period in December 31st, the company achieved net profit attributable to shareholders of listed companies about: 88 million yuan -9300 million, a loss of the same period last year: $8 million 616 thousand and 600.

The company said, the reason for the change in performance: production and sales scale this year the company has doubled over the previous year, the scale benefit gradually reflected, and continuously improve production efficiency and save the cost of production, coupled with market price decline is relatively stable, sales gross margin gradually increased, making profitability rebounded significantly.

Lehman photoelectric 2014 annual forecasted 40%-70%

Lehman photoelectric January 30th evening released in 2014 annual results notice, the company expects 2014 attributable to shareholders of listed companies net profit of $29 million 632 thousand and 500 yuan, an increase of 40%-70% over the same period last year.

On the reasons for the change in performance, the company said that the company during the reporting period and its mergers and acquisitions subsidiary of the market to develop smoothly, mergers and acquisitions subsidiaries have begun to incorporate the consolidated statements. Because of the company's new EMC contract energy management projects during the reporting period but the acceptance of completed construction lag; at the same time the company has increased the investment of sports industry, and provides a LED display for a football club in the stadium, the project cost and the cost of assets included in the current profits and losses, have a greater impact on the net profit.

KingSun correction performance of 2014 net profit down 60% pre - 80%

KingSun recently released results announcement notice of amendment, the company expects 2014 attributable to shareholders of listed companies net profit of 20 million 798 thousand and 700 yuan, 41 million 597 thousand and 400 yuan, down 60% over the previous year to 80%, over the same period last year profit of 103 million 993 thousand and 500 yuan. Previously, the company expects 2014 attributable to shareholders of listed companies net profit of $103 million 993 thousand and 500 - $124 million 792 thousand and 200.

KingSun said: the main reason for the performance of the amendment by the macroeconomic impact and LED market competition further intensified, the company orders in 2014 is expected to reduce, resulting in the company's annual sales is not expected; during the reporting period the company increased R & D expenses during the reporting period; deposit goods fell to increase price; the joint venture company is expected to increase the company losses; part of the 2014 annual construction schedule is expected to slow down, resulting in the reporting period revenue confirmation.

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