NVC annual report be long in coming? In 2014 the huge loss of 315 million yuan!

Time and again come out, NVC finally released the 2014 annual report.

According to the announcement, NVC group 2014 revenue of 3 billion 471 million yuan, down 8%; gross profit 742 million yuan, down 7%; pre tax loss of 315 million yuan, down 188.8%; 354 million yuan loss attributable to owners of the parent company, down 244.6%.

For the reason, the revenue decline NVC said that as part of the Affiliated Companies to suspend production and sales, resulting in the second half of the product line were recorded in lower sales.

LED lighting products to replace traditional lighting products to speed up the process, NVC LED lighting products in 2014 achieved sales of 1 billion 228 million yuan, the proportion of the total revenue increased from 19.6% in 2013 to 35.4%, an increase of 65.8%, become the major growth point of NVC group.

2014, NVC Group maintains 36 exclusive regional distributors, exclusive regional distributors to a total of 3705 stores (the capital city coverage rate is 100%; city coverage rate is 96.5%; the county-level city or county-level city coverage rate is 67.5%; the Township city coverage rate of 2.7%), compared to 2013 increased 406, mainly at the county level and increase city township. In addition, the exclusive regional distributors have also developed a number of exhibition wall showcase and hardware outlets.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).