Honglitronic yejiyuzeng 110%-140% Q1

Honglitronic March 11th released the 2016 first quarter results notice, the company expects net profit attributable to shareholders of listed companies to achieve 57 million 267 thousand yuan, 65 million 448 thousand yuan, 27 million 270 thousand yuan over the same period last year to achieve a growth of 110%-140%.

Honglitronic said the company's 2016 annual results for the first quarter compared with a year earlier changes due to the first quarter of 2016, LED lighting market demand better, the size of the company's business development, the main business maintained steady growth. In addition, during the reporting period, the company transferred its subsidiary company Xinquan photoelectric 15.05% stake. The impact of non recurring gains and losses on net profit during the reporting period is estimated at 14 million yuan.

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