Jiawei shares representing a turnaround in net profit increase of nearly 20 times

Jiawei shares August 11th evening semi annual report released in 2016, the first half of 2016, Jiawei shares revenues of 1 billion 299 million 489 thousand and 100 yuan, up 220.14% over the same period last year, attributable to owners of the parent company net profit of 122 million 283 thousand and 600 yuan, a loss of 6 million 551 thousand and 700 for the same period last year, an increase of 1962.60%.

Announcement shows that during the reporting period, the company's main business revenue compared with the same period last year, a substantial increase in the Department of Huayuan new energy and new PV power station after the table EPC project income and photovoltaic power generation business income. The increase in revenue is the main driver of income changes. Huayuan new energy in the first half net profit of 137 million 102 thousand and 100 yuan.

Jiawei shares since last August completed Huayuan new energy after the acquisition, the company's main business involves "photovoltaic, lighting, photovoltaic + lighting business, the main business is EPC photovoltaic and photovoltaic power generation business solar photovoltaic power plant; lighting, photovoltaic lighting +" is mainly the traditional solar photovoltaic lighting products, efficient LED solar light, consumer electronics product development, production and sales and provide a variety of LED lighting solutions.

In addition, during the reporting period, LED lighting income over the same period last year revenue growth, the company to optimize the existing LED business, highlighting the advantages of business, strengthen the steady improvement in the North American market LED lawn lamp and LED lighting business business.

Main business composition

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