FSL net profit doubled in the first half, LED products revenue growth significantly

FSL disclosed the 2016 semi annual report on the evening of August 24th. 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% over the same period last year, and realized a net profit of 206 million 925 thousand and 800 yuan, an increase of 106.39% over the same period last year. The main accounting data and financial indicators included the sales revenue of LED lighting products in the first half of the year, 1 billion 58 million 760 thousand and 100 yuan, an increase of 42.27% over the previous year, and the sales revenue of traditional lighting products was 684 million 332 thousand and 300 yuan, down 10.84% compared to the same period last year. Domestic sales revenue was 1 billion 160 million 660 thousand and 900 yuan, an increase of 10.61% over the same period last year, and the sales revenue of foreign countries was 582 million 431 thousand and 500 yuan. The increase is 25.96%. In the half year report of the main business, it shows that in the domestic market, apart from consolidating the advantages of the existing wholesale distribution channels, the company has vigorously developed new sales channels such as store channels, engineering contractors, electricity suppliers and retail outlets, etc., and the sales revenue of various new channels has been growing wrongly. In June 2016, the company became a company. Set up a new electrical products division, and vigorously promote the electrical products, so as to lay the foundation for the electrical products to become the new important growth pole of the company in the future. On the export side, the company continued to optimize the market layout, further consolidate and expand its advantageous areas, actively expand the strategic market and blank market, adjust product and customer structure, increase cooperation with key customers, further enhance the promotion of private brands, and enhance the market share of independent brands, and FSL autonomy in the first half of 2016. Brand export sales revenue grew 172% year-on-year. In R & D, the company has completed 116 series of self developed new products, totaling 365 specifications. These new products bring a new growth point for the company's sales revenue and profits. In addition, through self upgrading, introduction and purchase, the company has made automatic transformation and trial production of different production lines, and achieved the goal of improving production efficiency, saving human resources and improving product quality. In the second half of this year, the company will promote the mature automation transformation scheme and automate more production lines. Transformation.