Ruifeng photoelectric 2016 revenue 1 billion 180 million, backlight LED sales increased by nearly 90%

Yesterday (28) evening, REFOND released 2016 annual report, the reporting period, the company achieved total revenue of 1 billion 179 million 355 thousand and 600 yuan, representing a growth of 28.06%; attributable to shareholders of listed companies net profit of 50 million 3 thousand and 900 yuan, representing a growth of 50.62%.

LED lighting as the leading products of the company, subject to intense market competition environment, the first half of 2016 sales price decline inertia, a decline in revenue, gross margin level is low, the second half of 2016 began to rise, lighting LED annual sales of 539 million 344 thousand and 918 yuan, down 12.78%. LED lighting sales of 6801.76KK during the reporting period, gross margin of 7.76%, down 2.28 percentage points, mainly due to the reporting period LED lighting products market competition further intensified, the product price war highlighted, lead to product price decline impact caused by revenue and gross margin.

LED backlight, in addition to continue to maintain steady growth in the size of the LED backlight, the company also has outstanding performance in small size backlight LED business performance, with the main reason for the company in the early acquisition of Shenzhen yega Technology Co., Ltd brings. Backlight LED annual sales of 534 million 575 thousand and 55 yuan, an increase of 87.49%. LED backlight in the reporting period sales of 3589.37KK, gross margin of 27.66%, an increase of 1.33 percentage points year-on-year, data changes in the main reason of the reporting period, a wholly owned subsidiary of Ling Tao photoelectric into the scope of consolidated financial statements of the company, increase the backlight product revenue and enhance the level of gross margin caused by.

Other LED business steady development, the company in the infrared, UV and laser applications such as LED actively invest in the development of the company's business to open up a new path, the corresponding business has a certain scale. During the reporting period sales income accounted for more than 10% of the products of the company operating income for the LED and LED backlight lighting, income accounted for 45.73% and 45.33%, the lighting capacity of LED is 7350.33KK, the yield of 5145.23KK, the capacity utilization rate is 70%; the backlight LED capacity is 5950.19KK, the yield of 4879.16, capacity utilization rate was 82%.

On the same day, Ruifeng photoelectric also disclosed in 2017 first quarter results notice, the company expects net profit attributable to shareholders of Listed Companies in 2017 1-3 month 17 million 577 thousand and 200 to 21 million 762 thousand and 300, up from $5% to $30%.

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