FSL three quarterly net profit rose nearly three times

FSL October 13th evening announcement, the price in the macroeconomic downturn and the upstream chip and packaging raw material prices, the company constantly optimize the product structure and sales channels, to continue efforts to increase sales, enhance the competitiveness of products, at the same time take various measures to lower the efficiency of good posture, so that the company's main business continued to grow the. 2016 1-9 months, the company achieved operating income of 2 billion 575 million 181 thousand and 700 yuan, an increase of 15.35%, attributable to shareholders of listed companies net profit of $280 million 104 thousand and 900, an increase of 281.43%.

Major financial data and indicators for the first three quarters of 2016

According to the announcement, the reporting period, the main reason for the increase in profits: revenue growth resulting in increased profits; to strengthen cost control, improve product gross margin; the provision for impairment of assets of $20 million 878 thousand and 200 lower than last year and the same period last year included in the Securities Misrepresentation liability litigation compensation caused by operating expenses 94 million 247 thousand yuan.

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