LED competition intensified ocean king and other 3 companies last year net profit fell

LED business market competition crystal photoelectric 2015 net profit fell 0.39%

Crystal photo released results of letters, pointed out that in 2015, the company achieved operating income of 1 billion 175 million 822 thousand and 100 yuan, up 20.32% over the previous year, operating profit 171 million 56 thousand and 500 yuan, down 2.06% over the previous year, attributable to shareholders of listed companies net profit of 152 million 412 thousand and 500 yuan, down 0.39% over the same period last year.

The report pointed out that in the adverse external macro economic environment, the company's operating income to achieve steady growth, but operating profit, total profit attributable to shareholders of listed companies net profit last year fell slightly. The main reason is: the optical company business and LED business because of market competition, product prices continued to decline; the company increased R & D investment and strategic layout, as well as the implementation of ESOP provision award fund, a substantial increase in the cost of management. Above all to a certain extent affected the company's overall performance level.

The report pointed out that the company's total assets grew 71.79% last year, attributable to shareholders of listed companies equity grew 91.87% last year, mainly because the Company re financing the total assets of 1 billion 197 million yuan net funds caused a substantial increase.

East crystal electronic income does not increase profit net profit fell 79.87%

East crystal electronic yesterday evening announced that during the reporting period, the company achieved total revenue of 338 million 142 thousand and 600 yuan, compared with the same period last year 309 million 474 thousand and 300 yuan, an increase of 9.26%; attributable to shareholders of listed companies net profit of -27459.60 million yuan, compared to the same period last year -15265.96 million yuan, down 79.87%.

About the decline in performance, the report pointed out that the year 2015 affected by the macroeconomic environment, market competition situation is still grim, the company's main business quartz crystal components and LED sapphire substrate products market order competition, product sales prices continued to decline; complete the sapphire project construction investment, fixed amortization expenses and finance costs increased significantly because of influence; the company product prices continued to decline, the market demand for product specifications changes and other factors, at the end of the company's assets impairment provision of large, resulting in operating profit and net profit attributable to shareholders of listed companies fell.

Lighting competition intensified haiyangwang net profit fell 62.59%

Ocean King yesterday evening released results of letters, 2015 the company achieved operating income of 896 million 374 thousand and 800 Yuan pointed out in the report, operating profit of 48 million 483 thousand yuan, total profit of 77 million 306 thousand and 600 yuan, attributable to shareholders of listed companies net profit of 64 million 212 thousand and 300 yuan, respectively over the previous year decreased by 15.15%, 72.78%, 61.33%, 62.59%. The main reason, on decline report said, affected by the competition pattern of macro economy and the lighting industry, led to the company's sales revenue over the same period last year fell 160 million 53 thousand and 700 yuan, the overall profitability of company; profit decline is mainly due to the impact of income decline, and the first half of 2015 the company decided to pay two times the supply chain management department the quality assurance department, and three laboratory staff relocation grants of 34 million 718 thousand and 800 yuan. The weighted average net assets yield decreased by 11.07% compared to the same period last year, the main reason is: since the initial public offering of shares to raise funds makes the net assets of the company, and the company's sales revenue declined over the same period last year the net profit fell.

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