FSL's first half net profit doubled LED revenue growth significantly

FSL August 24th evening semi annual report disclosure in the first half of 2016, the company achieved operating income of 1 billion 755 million 670 thousand and 900 yuan, an increase of 15.17%, net profit of $206 million 925 thousand and 800, an increase of 106.39%.

Major accounting data and financial indicators

Among them, the first half of the company's LED lighting products sales revenue 1 billion 58 million 760 thousand and 100 yuan, an increase of 42.27%, the traditional lighting products sales revenue 684 million 332 thousand and 300 yuan, down 10.84%; domestic sales revenue 1 billion 160 million 660 thousand and 900 yuan, an increase of 10.61%, foreign sales revenue 582 million 431 thousand and 500 yuan, an increase of 25.96%.

Main business composition

Semi annual report shows that in the domestic market, the company in addition to consolidate the existing wholesale channel advantages, vigorously develop the store channel, channel, business and engineering business as the retail channel sales channels such as the new, new channel sales revenue achieved good growth; in June 2016, founded the new electrical products division, vigorously promotion of electrical products, electrical products for the company's future has become an important new growth pole foundation.

Besides, the company continued to optimize the layout of the market, to further consolidate and expand regional advantages, actively expand the market strategy and the gaps in the market, the adjustment of product and customer structure, intensify cooperation with customers efforts; further increase efforts to promote its own brand, enhance the independent brand market share, 2016 export sales revenue grew 172% during the first half of the independent brand FSL.

In the R & D, the company completed the 116 series of independent research and development of new products, a total of 365 specifications, these new products for the company's sales revenue and profits to bring new growth points. In addition, through the upgrading of independent innovation of introduced purchases, the company of automation and trial production of different production lines, to improve production efficiency, save human resource, improve product quality, automation of mature second half of the company will promote the case, and to automate the transformation of more production line.

For more information about LED, please click on LED network or pay attention to WeChat public account (cnledw2013).