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Leyard discloses 2014 semi-annual performance forecast

On the evening of July 14, Leyard (300296) disclosed its 2014 semi-annual performance forecast. It is expected to achieve a net profit attributable to shareholders of the listed company of 46.011 million yuan-55.2132 million yuan in the first half of this year, an increase of 50%-80% over the same period last year, which was 30.674 million yuan.
The company stated that since March this year, orders have increased significantly, especially orders for LED small-pitch TVs. As of June 30, orders for LED small-pitch TVs reached 300 million yuan, an increase of 136% over the same period last year, and overseas orders reached 148 million yuan, an increase of 85% over the same period last year.
During the reporting period, compared with the same period last year, the company's performance scope increased to include the performance of Beijing Leyard Video Technology Co., Ltd. (that is, Beijing Internet Yida Technology Co., Ltd. acquired by the company in November 2013) from January to June, and the performance of Shenzhen Jinda Lighting Co., Ltd. (completed in May 2014) from May to June.
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