Hongli interim net profit by 80% automotive lighting into high margin Market

Honglitronic 25 semi annual report disclosure, the company in the first half (1-6 months) achieved total revenue of 693 million yuan, an increase of 62.83%, accounting for the main Department of the company and increase sales scale, increase income; net profit attributable to shareholders of listed companies was 57 million 33 thousand and 500 yuan, representing an increase of 80.89%.

According to the main business segments, honglitronic first half LED package to achieve revenues of 502 million yuan, of which SMD LED revenue was 493 million yuan, an increase of 67.38%, accounting for 98% of total revenue in the SMD package, its gross margin reached 23.48%.

Main business revenue composition

General lighting and automotive lighting business revenues were 73 million yuan and $54 million. Contract energy management business that EMC business revenue rose 621.49%.

LED device products are divided according to the luminous color

As the leading white packaging, honglitronic first half of white light device revenue reached 457 million yuan, an increase of 66.47%.

Honglitronic said, the first half of the LED lighting market demand is good, the company expanded the production scale of LED packaging, and increased marketing efforts, prompted the company effective release of production capacity, to maintain a steady growth in the main business. At the same time, the acquisition of subsidiaries contributed some of the results, making the company's operating income and net profit have increased substantially.

The first half of the year, honglitronic management in car networking industry to actively seek investment and cooperation for the subject. The company to the Cayman Amiri $10 million, LED plans to carry out financial services industry; investment 45 million yuan shares of 18% stake in science and technology Diener cut into the car networking industry. The company said that the future will gradually establish LED main business + Internet + financial + car networking ecosystem.

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