San an, Mu Lin Sen and OPPLE announced semi annual report, both revenue and net profit grew.

Yesterday, (22) evening and early today, San an photoelectric, wooden forest and OPPLE lighting have issued 2018 semi annual reports. The three LED enterprises have very good financial results, and both revenue and net profit have achieved positive growth.

In the first half of this year, the sales revenue was 4 billion 173 million yuan, the operating profit was 2 billion 52 million yuan, and the net profit attributable to shareholders of listed companies was 1 billion 853 million yuan. Compared with the same period last year, sales revenue increased by 2.62%, business profit increased by 8.73%, and net profit attributable to shareholders of listed companies increased by 22.32%. Among them, the growth of revenue is mainly due to the expansion of production scale and the increase of production and sales volume.

Main financial indicators (source: San an photoelectric semi annual report)

According to the announcement, during the reporting period, the company's compound semiconductor integrated circuits business progressed smoothly, the scope of its customers expanded further, and the scale of revenue in the first half of the year was only 67 million yuan, which was more than 1.5 times that of the 2017 full year. Jing Guang; LED business overall revenue of 4 billion 106 million yuan, compared with the same period last year growth is not high, throughout the industry development and the company's industry status, the company for the second half and subsequent development scenarios are still very optimistic.

In addition, San an photoelectric said that the company's wholly-owned subsidiary of the company's production of automotive lighting lighting has become a number of domestic auto brand suppliers, the size and level of customers are steadily upgrading, has been recognized by a number of car manufacturers, with the gradual expansion of the scale of the automotive market, Automotive light business will grow rapidly.

In the first half of the year, he achieved operating income of 6 billion 992 million yuan, an increase of 92.91% over the previous year, and a net profit of 484 million yuan attributable to shareholders of listed companies, an increase of 58.11% over the same period last year. Among them, revenue growth was mainly due to the two quarter revenue of landward Vance.

Main financial indicators (source: semi annual report)

The report shows that the company's main products are SMD LED, Lamp LED, LED applications (including lighting products and other three categories). During the reporting period, LED application realized revenue of 2 billion 134 million yuan, accounting for 30.51% of total revenue, an increase of 236.31% over the same period, and a gross profit margin of 17.48%. SMD LED achieved a revenue of 2 billion 720 million yuan, accounting for 38.91% of total revenue, an increase of 6.89% over the same period, a gross profit margin of 20.13%, and a Lamp LED achieving 272 million yuan of revenue, accounting for 3.89% of total revenue. Year-on-year decline of 18.7%.

Mu Lin Sen said that the merger of LEDVANCE led to growth. Lund Vance's positive transformation brought good effects and realized profits. In the second quarter, he made a big increase, and realized a profit of about 480 million. When the environment was slightly weak, the profit was expected to reach 580 million in the third quarter, which ensured a certain increment.

In addition, as the price of LED lighting products tends to be stable, the volume of the company's investment projects is gradually released, the scale effect is gradually improving, and the price of the upstream chip is reduced, which will further reduce the unit cost of the products, enhance the market competitiveness of the company's products and expand the market share. The company adheres to the high level of automation produced by R & D, the management brought by large-scale procurement and production, the high bargaining power brought by the downstream products, and the layout of the whole industry, so that the core competitiveness, cost control and technological development capability of the company are further strengthened. Performance remains stable.

OPPLE lighting business income in the first half of 3 billion 528 million yuan, an increase of 17.21% over the previous year, realized a total profit of 435 million yuan, an increase of 38.51% over the same period; net profit attributable to shareholders of listed companies was 358 million yuan, an increase of 38.37% over the same period last year.

Main financial indicators (source: semi annual report of OPPLE lighting)

OPPLE lighting said that in the first half of the year, the company continued to optimize its product structure, expand its business channels, actively layout the Internet of things and intelligent lighting, and promote intelligent manufacturing, so as to achieve steady growth in various businesses.

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