Silan big growth in 2014 net profit of 164 million LED

Silan March 9 evening disclosure 2014 annual report, last year the company achieved operating income of 1 billion 870 million yuan, an increase of 14.17%; net profit of 164 million yuan, an increase of 42.58%; basic earnings per share of 0.13 yuan.

Silan said, as the company's new product quantity to accelerate progress, company of integrated circuit, power device products, light emitting diode chip and a light emitting diode products operating income increased over the same period last year, the LED lighting drive circuit, light emitting diode chip and light emitting diode finished the two operating income growth.

According to the announcement, 2014, the company LED chip and finished operating income over the same period last year by 44.73% and 113.46%, LED chip and finished product gross margin over the same period last year increased by 20.76% and 10.02%, the subsidiary company and the card company Silan azure have been twisted into profit. In 2014, Silan azure has successfully developed high voltage chip with LED lighting, and has been on the market. In 2014, with the release of production capacity, competitive advantage Meika Music Company in the high-end color pixel device market has been consolidated, and further enhance the brand image. At the end of 2014, the company's new production plant LED Silan azure has been the top end, the first half of 2015 will complete the purification of decoration, and further expansion of LED chip production capacity.

Silan announced that, in order to seize the opportunities to accelerate the company's integrated circuit chip production line upgrade, improve the comprehensive competitiveness of the company's products, the company intends in the next 2 to 3 years to invest 1 billion yuan to build a 8 inch chip production line. As the investment project implementation, will greatly enhance the level of the manufacturing process of the company, further narrowing with the international semiconductor industry the same type of gap; can effectively strengthen the company's profitability, enhance the comprehensive competitiveness of the company.

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