State star 2014 net profit of 145 million is expected to increase sales of Q1

Nationstar March 26th evening released 2014 annual report, last year the company achieved operating income of 1 billion 543 million yuan, up 35.07% over the previous year; a net profit of 145 million yuan, representing year-on-year growth of 28.13%; basic earnings per share of 0.3367 yuan.

With 2014 annual investment projects one after another, the main products of the company's production capacity to further release, sales revenue to achieve rapid growth. Among them, the LED device operating income was 953 million, an increase of 34.14%, gross margin was 25.59%, an increase of 2.36%%; LED component operating income was 345 million yuan, an increase of 78.01%, gross margin was 30.79%, down 0.66%; extension chip operating income was 38 million 872 thousand and 300 yuan, an increase of 1240.59%, gross margin was -14.82%, an increase of 232.85%; lighting applications and other operating income was 203 million yuan, down 11.11%, gross margin was 20.69%, down 11.40%.

Source: 2014 Annual Report

It is not difficult to see from the earnings data, LED devices and components sales revenue growth is the main reason for the company's revenue growth.

Meanwhile, the company also released the 2015 first quarter results notice, is expected in the first quarter profit 29 million 832 thousand and 700 yuan -3480.48 million, an increase of 20%-40% over the previous year. The company said that the main reason for the increase in performance is due to increased sales revenue.

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