Hongli Newell 2017 notice a quarterly net profit rose 5%-25%

Hongli Newell group Limited by Share Ltd yesterday (5) evening report released 2017 first quarter results, the company expects 2017 1-3 month net profit attributable to shareholders of listed companies grew by 5%-25%, profit 68 million 218 thousand yuan, 81 million 211 thousand and 900 yuan.

The company said the 2017 annual performance in the first quarter compared with the same period last year compared to the causes of change: 1, during the reporting period, better LED lighting market, the company's operating performance remained stable, sales revenue to achieve steady growth; production capacity is not fully released has a certain effect on the operating profit of 2, Jiangxi Hongli equity investment expansion project; 3, report received government subsidies over the same period last year.

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