Australian ocean Shunchang, Guang Pu shares, Kim lett announced semi annual report

Yesterday (20) evening, Australia ocean Shunchang, Guang Pu shares and golden lette were drying out the semi annual report in 2018. Among them, the first two companies have achieved double growth in net profit and net profit.

In the first half of 2018, Australia and Shunchang achieved a total revenue of 1 billion 982 million 718 thousand and 400 yuan, an increase of 31.23% over the same period last year, a profit of 281 million 956 thousand and 600 yuan, an increase of 13.21% over the same period last year, a net profit of 243 million 234 thousand and 100 yuan, an increase of 11.27% over the previous year, and a net profit of 163 million 595 thousand and 300 yuan attributable to shareholders of listed companies, an increase of 10.42% over the same period last year.

In terms of main business, the LED business achieved a revenue of 632 million 990 thousand and 300 yuan during the reporting period, up 82.98% from the same period last year. In the first half of this year, Shunchang Australia's chip production capacity was in full production, and the production and marketing rate continued to maintain a good momentum. Compared with the same period last year, as the capacity expansion, LED chip business revenue and profit significantly increased. In addition, part of the capacity of LED sapphire grinding and polishing and PSS substrate project has been trial run, and the company will implement follow-up projects according to the first part of the production capacity and the LED market situation. It is estimated that the overall production schedule will be postponed compared with the original plan. The company's LED epitaxial chip and chip production capacity construction is planned as planned. Up to now, most of the machinery and equipment have been installed and debugged, and some of them have begun to put into production.

The main business of Shunchang ocean in the first half of 2018 (photo source: Ao Yang Shunchang semi annual report)

Based on this year, the price of LED chips has continued to decline, and the profit contribution of LED business in the third quarter is expected to decline compared with the same period last year. Shunchang Australia expects net profit of 205 million 545 thousand and 800 to 256 million 932 thousand and 300 yuan to shareholders of Listed Companies in 1-9 months of 2018, an increase of -20.00% to 0% over the same period last year.

Guang Pu shares achieved 281 million 346 thousand and 800 yuan in the first half of 2018, an increase of 33.61% over the same period last year, mainly due to the rapid growth of LED lighting and smart lighting business, the steady growth of LED packaging, and the increase in FPC orders. The net profit attributable to the owners of the parent company was 34 million 140 thousand and 200 yuan, an increase of 25.43% over the same period last year.

In the first half of 2018, the company's main business was developing rapidly. Among them, LED lighting international business and key components LED packaging, FPC domestic business grew steadily, and LED lighting domestic business also completed the preliminary product and customer layout.

Main business of the first half of 2018 (photo source: Guang Pu shares semi annual report)

Due to the decline in sales revenue, the decline in gross profit and exchange losses, gold slipped in the first half of 2018, operating performance has declined, operating income of 487960637.26 yuan, a year-on-year decrease of 13.52%; net profit attributable to shareholders of listed companies -10046714.78 yuan, the same ratio decreased by 184.66%.

Main business of the first half of 2018 (source: Kim lett semi annual report)

In addition, based on the decline in sales revenue, the decline in gross profit and the large fluctuation of the US dollar exchange rate, the net profit of the 1-9 year attributable to shareholders of Listed Companies in 2018 is -1800.00 million to -1200.00 million, which fluctuated from -753.81% to -535.87% over the same period.

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