Four LED enterprise revised performance forecast, Elec-Tech from surplus to deficit"

14, Wright, Elec-Tech, Siu Chi shares, Mason technologies have been released in 2017 half year results announcement notice of amendment. From the revised direction, only the trillion shares are upward correction of the company's performance, and the other three companies to varying degrees downward correction of performance, including the results of the announcement is "surplus to turn loss."".

According to snow Wright performance correction announcement shows that the company expects 2017 1-6 months attributable to shareholders of listed companies net profit of 13 million 103 thousand and 600 to 20 million 591 thousand and 300, an increase of -30.00% to 10%. The company disclosed in the April 27, 2017 announcement of the "report" in the first quarter of 2017: 2017 1-6 month is expected to net profit attributable to shareholders of listed companies 18 million 719 thousand and 400 yuan to 24 million 335 thousand and 200 yuan, a year-on-year growth of more than 0% - 30%.

Snow Wright said that the main reason for this performance correction is that during the reporting period, the company increased financing scale to financial institutions, resulting in increased financial costs.

De Ho Runda disclosed in April 28th the "2017 first quarterly report" in 2017 1-6 months is expected to net profit attributable to shareholders of listed companies: changes in the amplitude of -25.00% to 25%, changes in the range of 12 million yuan to 20 million yuan. Company announced in July 14th results notice revised notice, is expected in 2017 1-6 months, is expected to lose 70 million yuan to 60 million yuan loss.

The company said, based on the following reasons: 1, makes the prediction during the reporting period, the development of relatively stable and maintain the company's LED small appliance business, operating income grew by about 13%, gross margin increased by about 0.3%; 2, during the reporting period, an increase in finance costs about 130 million yuan, mainly due to the appreciation of the renminbi about 75 million yuan exchange losses last year due to the devaluation of the RMB exchange gains generated due to 49 million 217 thousand and 400 yuan.

Siu Chi shares also disclosed in April 29th the "2017 first quarterly report" in 2017 1-6 months is expected to net profit attributable to shareholders of listed companies compared with the same period last year changes in the rate of 0% to 30%, changes in the range of 221 million 569 thousand and 700 yuan to 288 million 40 thousand and 600 yuan, while in July 14th the disclosure of performance prediction of 1-6 months of 2017 attributable to shareholders of listed companies net profit of 310 million to 332 million expected correction notice in 40% to 50% yoy.

To make the results notice to reason correction, Siu Chi shares said that with the company actively explore the market, increase product promotion efforts, product structure and customer structure has been further optimized, LCD TV, Internet service revenue, digital set-top boxes, LED products and accessories such as the business sector to achieve rapid growth, the second quarter of 2017 sales revenue of over expected single quarter year-on-year growth of about 30%, while the company strictly control the cost increase sales gross profit, the company's profitability increased; financial expenses compared with the same period last year significantly reduced.

Ten million technology released 14 performance correction announcement shows that the company expects 2017 1-6 months attributable to shareholders of listed companies net profit of 74 million 112 thousand and 200 to 85 million 514 thousand and 100, an increase of 17% to 35%. The company had expected in 2017 half year attributable to shareholders of Listed Companies in the range of changes in net profit of 82 million 346 thousand and 900 yuan - 107 million 684 thousand and 500 yuan, with an increase of 30% - 70% over the same period last year.

Ten thousand science and technology indicated that, this report period performance correction mainly causes for the company to carry on the LED lighting installation project part to be unable to complete the inspection and acceptance procedure at the end of the reporting period as scheduled. (text: LEDinside, Nicole)

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