Ruifeng photoelectric show performance: revenue, net profit growth in the first half

25 evening, Ruifeng photoelectric semi annual report released. Announcement shows that during the reporting period, the company achieved total revenue of 519 million 224 thousand and 700 yuan, representing a growth of 12.25%; attributable to shareholders of listed companies net profit of 23 million 692 thousand and 400 yuan, representing a growth of 9.39%; earnings per share 0.0984 yuan; weighted average return on net assets was 2.72%.

In terms of product classification, backlight LED operating income of 254 million 797 thousand and 400 yuan, an increase of 88.45%, of which the first half of the acquisition of Ling Tao photoelectric contribution backlight revenue of nearly $118 million. LED achieved operating income of 243 million 85 thousand and 400 yuan, down by 21.35% over the same period last year; other LED operating income of $20 million 449 thousand and 600, an increase of 12.69% over the same period last year.

Notice that the first half of 2016, the company incorporated into the company's vision of the company's consolidated report range, to further enrich the company's product mix, driving the company's operating income and net profit growth.

In the first half of 2016, lighting LED market competition is still fierce, lighting LED product sales price in inertia decline, leading to lighting LED revenue declined, the gross margin level is low, only 10.9%, down by 0.66%.

In the face of fierce competition situation, the company said it would continue through the optimization of product structure, strengthen cost control, improve product quality and other aspects of management, enhance the company's profitability and market competitiveness.

Reported that the follow-up for light source products, the company will vigorously expand the infrared, ultraviolet, laser light source and other fields.

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