Hongli, Riad Q3 results and the first three quarters of the performance announcement

Yesterday (7) evening and early today, Hongli Zhihui and Riad announced the performance forecast for the first three quarters of 2018, and both enterprises expected to increase their performance.

Hongli Zhi Hui expects to achieve net profit of 324 million 526 thousand and 500 yuan to 368 million 662 thousand and 100 yuan attributable to shareholders of listed companies from 01 to 01 2018 and 30 2018 2018, up 25% to 42% over the same period last year.

Among them, the net profit of the company in the third quarter attributable to shareholders of listed companies was 105 million 499 thousand and 600 yuan to 119 million 847 thousand and 600 yuan, an increase of 25% to 42% over the same period last year 84 million 399 thousand and 700 yuan.

Hung lee Chi Hui said that the net profit attributable to shareholders of Listed Companies in the first three quarters of the year increased from the same period last year. The main reasons were: the company's business scale continued to develop, the main business maintained a steady growth; in addition, the company strengthened its internal lean production management, and the capacity and utilization of the LED packaging production base in Jiangxi. Compared with the same period of the same year, the product structure has been strategically adjusted, and new products have been launched to enhance the proportion of higher gross margin products. The gross profit margin of the company's main business was higher than that of the same period last year.

Riad expects that the net profit attributable to shareholders of listed companies will be 927 million 182 thousand and 700 yuan to 979 million 711 thousand and 200 yuan from 01 to 01 2018 to 09 2018, representing an increase of 46.35% to 54.64% from 633 million 549 thousand and 400 yuan a year earlier.

Among them, the company achieved net profit of 341 million 434 thousand and 900 yuan to 393 million 963 thousand and 300 yuan attributable to shareholders of Listed Companies in the third quarter, an increase of 30% to 50% over the same period last year 262 million 642 thousand and 200 yuan.

Lyad said that compared with the same period last year, the main reason for this period's net profit growth was the expansion of sales scale and the increase of orders, and business income continued to maintain steady growth. Compared with the same period last year, the loss of foreign exchange losses in the first three quarters of 2018 has a greater impact on net profit. The company expects the impact of non recurring gains and losses on net profit in the first three quarters of 2018 will be about 80 million yuan, which will have little impact on net profit. In addition, the company continues to attach great importance to and actively receive receipts. It is expected that the net cash flow of operating cash in the first three quarters of 2018 will continue to improve.

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