Small spacing for the main Riyadh 2013 revenues of 778 million

The evening of March 26th, Riyadh released 2013 annual report. During the reporting period, the company achieved operating income of 778 million yuan, an increase of 36.76%; attributable to shareholders of listed companies net profit of $80 million 225 thousand and 200, an increase of 37.81%; basic earnings per share of $0.53.

Lyad said that the year 2013 the company management and the joint efforts of all staff, take the endogenous development and extension of the combination of the development of business strategy, maintain the status of LED small spacing TV technology global leading, accelerate the LED small spacing TV instead of traditional wall splicing into the process of implementation, the overseas market for three consecutive years to double the performance has taken a key step of extension development, the successful completion of the board of directors at the beginning of the development of business plans, achieved the main business income and profits both high growth.

It is worth mentioning that, since the beginning of 2012, during the competition in the industry adjustment, the company can keep rising gross margin at the same time, a substantial increase in the main business income and net profit to maintain performance ranked first in the industry. As the innovation of Zhongguancun well-known enterprises, September 30, 2013 morning, by the Political Bureau of the CPC Central Committee in the Zhongguancun National Innovation Demonstration Zone Exhibition Center collective learning on the occasion, Riyadh chairman Li Jun told the general secretary and the prime minister and members of the Political Bureau of the leaders introduced the high-end market to occupy the world's original LED technology products grades, show new products small spacing LED TV with international leading level, and the Zhongguancun National Innovation Demonstration Zone Exhibition dozens of pieces of the HD LED display center all from riyadh.

In recent years, Riyadh "small spacing progress". The company said, innovative products LED small spacing TV in three years of independent research and development, through the listing of new products, market penetration, customer acceptance of the arduous process, to establish the concept of "LED TV", the order from 0 to 200 million yuan in 2012, to 330 million yuan in 2013, signed a total of 530 million yuan of orders. This period recognized revenue of 254 million yuan, representing an increase of 66% over the same period last year, accounting for the proportion of the company's operating income increased year by year, from 2012 to 27.26% in 2013 to improve the company's main business income of the main. And LED small spacing TV gross margin is higher, in 2013 was 37.7%, the company's net profit is the main contribution of the business sector.

It is a stable growth performance based on Riyadh also issued a profit distribution plan gaosongzhuan. The company's 2013 annual profit distribution plan: the company intends to total capital at the end of 2013 as the base, to all shareholders for every 10 shares of 1.50 yuan cash dividend (including tax), and to the capital fund share capital to all shareholders 10 shares for every 10 shares, after the conversion of the company's total share capital will be increased to 300 million shares.

In addition, Riyadh also released the 2014 first quarter results notice, is expected in the first quarter of 2014 net profit attributable to shareholders of listed companies 8 million 675 thousand and 700 yuan to 10 million 328 thousand and 300 yuan, an increase of 5% to 25%. The company said net profit growth was mainly due to the expansion of sales and orders increased.