Product Maintenance

Ju Wen as the Buddha in 2014 LED market revenue soared 234%

FSL 26 evening released annual report, the company achieved operating income of $2014 in, an increase of 21.45%, net profit of $266 million, an increase of 5.68%. Basic earnings per share of 0.27 yuan. In addition, the company intends to shareholders for every 10 shares were distributed cash dividend of $2.20 (including tax), to the capital fund to all shareholders for every 10 shares of 3 shares.

Data from FSL 2014 Annual Report

The company said the report period, the company's main business sales revenue 3 billion 41 million yuan, up 21.58% over the previous year, of which domestic sales revenue 2 billion 161 million yuan, up 28.59% over the previous year, overseas sales revenue 880 million yuan, up 7.20% over the previous year.

For LED product varieties, update fast, short period, the company line sales and R & D personnel to go to the market, to market demand, and constantly develop new products, especially LED new products, rich product line, not only to promote the product upgrade, and for the company to increase the new profit growth point. LED sales revenue increased from 277 million yuan in 2013 to 926 million yuan in 2014, an increase of up to 233.99%, the successful completion of the transition from traditional lighting to LED, so that companies in the LED market development occupies an important position.

In addition, the misrepresentation claims that FSL said that from September 2013 to March 2015, 2279 investors in the Securities Misrepresentation liability dispute on the grounds that the proceedings were to the Guangzhou City Intermediate People's court, asked for illegal information disclosure shall bear civil liability of the company, and require the company to compensate 335 million 890 thousand and 700 yuan RMB and HK $1 million 328 thousand. If the court ultimately decided that the company's higher proportion of compensation, will have a greater impact on the company's operating performance.

On the same day, the company announced that the first quarter operating income of 767 million yuan, an increase of more than the same period last year, attributable to shareholders of listed companies net profit of $99 million 482 thousand and 700, an increase of 39.42%, basic earnings per share of $0.102.

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