Alto Electronics announced semi annual performance report, revenue 792 million

In the morning, the first half of the LED circle was released. Alto electronic bulletin announces the semi annual performance report for 2018.

According to the announcement, during the reporting period, the operation revenue of Alto Electronics was 791 million 791 thousand and 900 yuan, an increase of 77.92% over the same period last year, operating profit of 90 million 196 thousand and 700 yuan, an increase of 53.18% compared with the same period last year, and the net profit attributable to shareholders of listed companies was 83 million 126 thousand and 700 yuan, up 36.10% over the same period last year.

Main accounting data and financial indicators

Alto electronics said that the main reason for the year-on-year increase in performance was the growth of the company's operating revenue. In this report, we strengthened the management of accounts receivable, and the receivable receivable increased faster than before. The net cash flow generated by business activities has improved significantly, an increase of 48.43% over the same period last year. As of June 30, 2018, the company held more than 25 million US dollars in foreign currency.

Statistics show that the top three major business segments of LED are application, financial technology and sports business. Among them, the application of LED in the first half of the year was 719 million yuan, an increase of 72.78% over the previous year, accounting for 90.76% of total revenue and 27.86% of gross profit margin. The company said that LED application revenue growth was mainly due to the "smart landscape lighting project" revenue growth.

The main products of the company include: LED video display system, LED information distribution system, intelligent landscape lighting project, intelligent network integration, equipment, service, software integration and others. Among them, the LED video display system achieved a revenue of 129 million yuan, accounting for 16.28% of total revenue and 45.29% gross margin. The smart landscape lighting project achieved a revenue of 560 million yuan, accounting for 70.7% of total revenue and a gross margin of 23.30%.

Revenue composition

About Mini LED products, according to the report, the newly developed "Mini LED commercial display system" has solved the problems of super small spacing LED display easily damaged, COB products can not be on-site maintenance, and surface ink color, and display consistency. This system has more than 30 authorized patents from all over the world.

In addition, the operation performance of Alto electronics in 2018 1-9 is: the net profit attributable to shareholders of listed companies is positive and does not belong to the situation of turning losses into profits.

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