Small screen display orders surge last year, net profit increased by 40%

Abison's April 7th annual report released late in 2014, the year 2014 the company achieved operating income of 1 billion 79 million yuan, an increase of 47.92%; attributable to shareholders of listed companies net profit of 159 million yuan, an increase of 38.96%; attributable to shareholders of the listed company after deducting non recurring net profit of 152 million yuan, an increase of 38.13%.

During the reporting period, the company continued to strengthen the advantages of international sales of LED display, the main energy and resources into the development of the international market LED display, the annual LED display exports 850 million yuan, an increase of about 53%. At the same time, the company continued to maintain steady growth in the domestic market, domestic sales revenue 187 million yuan, an increase of about 38%.

Among them, the small screen display explosive growth, a new bright spot for performance growth. With the progress of LED technology and the decline in the cost of upstream, in recent years, the rapid rise of small screen display in the market, accelerate the replacement of LCD splicing wall and DLP projection, a new hotspot in the display industry. Small screen display company orders in 2014 nearly 230 million yuan, the proportion of small screen display in the company's business rapidly rising.

The company said that in 2014 the sale of solid products in the international market orders grew by about 40%, of which, outdoor solid star products A1688 and A1088 in the international orders in 2014 totaled about $175 million. Company leasing products are mainly exported to the international market, in 2014 to sell the international market lease products orders grew by about 51%.

At the same time, the company actively adjust the lighting business, focusing on the advantages of products and business areas. In 2014, the lighting business of the business review, adjust the production line, mainly to promote downlight companies such as competitive products, mainly in the high-end market development in europe. 2014 lighting business revenue 42 million yuan.

Source: Abison 2014 Annual Report

In addition, the company announced the results of the subsidiary of Huizhou, the U.S. subsidiary. Among them, Huizhou aibisen 2014 annual revenues of 17 million 423 thousand and 100 yuan, loss of 2 million 828 thousand and 700 yuan; the United States lieaibisen 2014 annual revenues of 21 million 90 thousand and 900 yuan, 412 thousand and 600 yuan loss.

Major subsidiaries, equity companies:

Source: Abison 2014 Annual Report

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