FSL 2016 revenue over 3 billion 300 million, net profit increased by more than 19 times

FSL 19 evening released results of letters, 2016 operating income of 3 billion 366 million yuan, an increase of 17.03%; net profit of 1 billion 77 million yuan, an increase of 1916.92%, excluding non recurring gains and losses (mainly sell China Xuan tech stocks made net investment income 729 million 594 thousand and 200 yuan) after attributable to shareholders of listed companies net profit of 350 million yuan. An increase of 133.36%.

A significant increase in performance, the company said, in the macroeconomic downturn, overcapacity in the lighting industry, the increasingly fierce market competition and material prices and other unfavorable situation, the company increased R & D investment, constantly optimize the product structure, LED product sales revenue increased rapidly; at the same time, strengthen marketing, enhance market competition ability, improve management to promote efficiency, cost optimization, a good momentum of the company's main business to maintain a sustained growth.

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