Longstar lighting revenue last year, net profit of 64 million 470 thousand yuan increase of 545%

June 21st news, 2015 annual report longstar lighting recently released data show, 2015 annual revenues of 64 million 469 thousand and 800 yuan, up 27.59% over the same period last year; net profit of 7 million 474 thousand and 900 yuan, an increase of 544.85% over last year.

2015 operating costs increased 17.98% over the previous period, the main reason is that although the current operating income increased by 27.59%, but with the optimization of the company's products and customer structure, the company gross margin increased from the previous period of 24.96% to 30.61%, the operating cost growth rate lower than the growth rate of revenues.

2015 operating income of 27.59% increase over the previous period, mainly due to the company in 2014 to determine a differentiated market positioning, that is to avoid the main battlefield in the traditional home and commercial LED lighting field, special lighting market in LED lighting market and engineering ship and ocean fishery two segments of force. During the reporting period, our company has established 11 provincial distributors in the domestic business, set up 150 professional distributors; in international business, in Southeast Asia, southern Europe, Russia, the Middle East market, the products get customers back to a single number and amount are exponentially; especially in the construction of the platform get new Sanban and city road three qualifications, improve the successful rate of the company, the rapid growth of the company's operating income.

According to the research data show that in the application of LED products is langxing lighting electrical machinery and equipment manufacturing industry in the production, the main high power LED lamps and marine engineering special LED lamps, customers are mainly distributed in the municipal engineering, industrial enterprises, real estate projects, offshore fishing companies etc..

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