Crystal Electronics semi annual revenue of over 244 million, an increase of 262%

Crystal Electronics (August 18th) yesterday released the 2016 semi annual report, the report pointed out that in the first half the company achieved operating income of 244 million 160 thousand yuan, an increase of 262% over the same period last year, operating profit of 13 million 490 thousand yuan, representing an increase of 221%; net profit of 17 million 720 thousand yuan, compared with the same period last year growth of 305%.

Crystal electronics, said the main factor is to achieve performance growth in the second half of 2015 to develop large customers in the first half of 2016, the order of stability and sustained growth, so a substantial increase over the same period last year. At the same time, the company presents a large-scale effect, lower product costs, improve product gross margin, gross profit margin nearly doubled over the same period last year, while the control of operating expenses also make a significant profit in the first half of this year.

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