Siu Chi shares: first half net profit of 283 million, an increase of 17.7%

On the evening of August 11th, the disclosure of shares semi annual report, the company in the first half the company achieved operating income of 3 billion 366 million yuan, an increase of 29.78%, attributable to shareholders of listed companies net profit of $283 million, an increase of 17.70%.

Among them, in the LED TV backlight rising proportion of domestic procurement, LED lighting market demand situation, Siu Chi shares LED business to achieve sales revenue in the first half of 313 million yuan (with offset), an increase of 85.83%. Trillion Chi said that the company's LED business continues to grow rapidly, LED business is the focus of future development of the company.

It is noteworthy that, LED shares of the shares of the company's interest rate was 18.3%, down by 4.16%.

In order to get rid of the LED capacity limit, Siu Chi energy-saving lighting companies in the first half of the new Jiangxi Siu Chi photoelectric Co Ltd, a subsidiary of Nanchang and in Siu Chi made "Nanchang Qingshan Lake Chang Dong Industrial Zone C-17-4 plots established LED production base, Nanchang Siu Chi shared production plant. At present, LED production base building is being renovated, auxiliary production equipment installation and commissioning, the new 100 packaging line is expected by the end of August into the factory installation, September to October were put into operation in succession.

The company also said that the growth momentum of the industry chain inexhaustible. In addition to the LCD panel, has been through the entire LCD TV LCD TV industry chain, allows the company to reduce the cost of the company, LED TV backlight as upstream matching has certain contribution to the promotion of the LCD TV business profitability. The company is currently in the LED business has a strong market competitiveness, and short-term export companies rely on business channels will promote the rapid growth of the scale of LED; while in the long term, as the incandescent lamp, LED lighting products gradually promote the terminal price of civilians and gradually gradually improve consumer awareness of energy saving, LED lighting business rapid growth is expected to.

Due to an increase in orders, the company expects 1-9 month attributable to shareholders of listed companies net profit margin of 0-20% change range of 4.46 to $535 million.

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