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FSL 2016 net profit increased by 19 times, reducing the country's Xuan tech profit more than 800 million

the evening of March 29th, the Foshan lighting disclosure of 2016 annual report, the company achieved operating income of 3 billion 366 million 455 thousand yuan, an increase of 17.03%; the LED product sales revenue 2 billion 45 million 681 thousand and 500 yuan, an increase of 44.43%, the traditional lighting products sales revenue 1 billion 293 million 539 thousand and 100 yuan 9.51%, year-on-year decline; domestic sales revenue 2 billion 147 million 742 thousand and 100 yuan, an increase of 11.66%, foreign sales revenue 1 billion 218 million 712 thousand and 900 yuan, an increase of 27.84%. Total profit of 1 billion 273 million yuan (including the reporting period to sell China Xuan tech stocks made investment income 853 million yuan), an increase of 2668.32%; attributable to shareholders of listed companies net profit of 1 billion 72 million yuan, an increase of 1907.92%.

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During the reporting period, the company continued to dig channels to expand and optimize the channel construction

. Electricity supplier channels closely followed by Tmall, the pace of the Jingdong to carry out the promotion of the project, according to the business side, the formation of a special team to actively participate in a variety of covert channels of Engineering projects. Overseas sales, in the brand, customers, products, regions have achieved a breakthrough. Continue to promote the FSL, independent brand, overseas brands of rising sales in 2016, the independent brand FSL has been in more than and 30 countries and regions for successful sales, FSL brand sales grew 66%; active deep customer needs, and constantly improve the existing large customer cooperation efforts and ongoing customer development work; the depth of the development of the existing the traditional customer LED business, to continue to optimize the export product structure, LED product sales accounted for the proportion of export sales reached 60%. In addition, during the reporting period, the company made a precise production efficiency of the production management of the theme, the company's gross margin increased by 1.17%, the cost fell by 6.76%.

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