LED packaging industry income does not increase profits? China Star interim net profit increased by 30%

[LED] - Chinese nationstar (11) on Tuesday evening release reported that during the reporting period, the company achieved operating income of 906 million yuan, up 24.65% over the previous year; operating profit 82 million 57 thousand and 500 yuan, representing year-on-year growth of 18.49%; attributable to owners of listed companies net profit of 83 million 565 thousand and 700 yuan, a year-on-year growth of more than 29.66% per share; income of 0.194 yuan, the weighted average return on net assets was 3.65%. As of June 30, 2015, the company's total assets of 4 billion 324 million 581 thousand and 600 yuan, an increase of more than the beginning of the year of 17.56%.

Main business revenue composition

In addition, during the reporting period, gross margin of 21.94%, down 3.01 percentage points over the same period last year, mainly due to the decline in the overall gross profit margin decreased, LED product sales price; three total cost 106 million 604 thousand and 800 yuan, representing a growth of 2.57%.

Nationstar said LED industrial scale expansion, the company's equity investment projects one after another, the increase in operating income, making the performance rise. The company expects the first three quarters of net profit of $110 million to $131 million, an increase of 10% to $30%.

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