(quarterly earnings) revenue and net profit growth of yader, king of the sea

In the first quarter of 2018, two companies were added to the first quarter of 2018, Lyad and the king of the sea, both of which achieved both revenue and net profit growth. At the same time, the ocean king announced the annual report of 2017.

Its revenue was 1 billion 819 million yuan in the first quarter of 2018, up 61.3% from the same period last year, with a net profit of 304 million yuan attributable to listed companies, up 76.55% from the same period last year, and a new sign of 3 billion 200 million, up 50% from the same period last year.

Major financial data in the first quarter of 2018

Lyad said that the report period, the company's four major business growth is rapid. Intelligent display in the drive of creative display, sales revenue increased by nearly 40% compared with the same period of the previous year, the night travel economy and the new business revenue of the culture brigade are doubling, VR experience achieved more than 50% growth.

In addition, Yad also said that the first quarter of 2018, the company mainly on the development of MINI LED products.

The ocean King (hereinafter referred to as "the company") achieved a total revenue of 1 billion 97 million yuan in 2017, up 18.60% from the same year, and achieved a net profit of 152 million yuan belonging to the shareholders of the listed company, up 36.61% from the same year.

Major financial data of the annual report 2017

The company's products cover three major series of fixed lighting equipment, mobile lighting equipment and portable lighting equipment. In 2017, the sales of equipment products in fixed lighting equipment were 423 million yuan, accounting for 38.55% of total revenue, 41.42% of year-on-year growth, 196 million yuan for mobile lighting equipment, and 17.91% of total revenue. The ratio increased by 42.92%; the revenue of portable lighting equipment was 447 million yuan, accounting for 40.74% of the total revenue, and 3.72% over the same period.

In 2017, the company said, the company has dug customer demand, and sales revenue has increased over the same period. As revenue rises, and the company continues to deepen its own management and meticulous management, the cost is effectively controlled, and the company's profit level in 2017 has been improved.

In addition, the ocean king 1Q18 realized revenue of 219 million yuan, up 30.16% from the same period, and the net profit belonging to the shareholders of the listed company was 17 million 875 thousand and 300 yuan, up 38.86%.

Major financial data in the first quarter of 2018

According to the announcement, in the 1-6 month of 2018, the company is expected to be attributable to the net profit of the shareholders of the listed company as positive and not in the case of turning losses into earnings.

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