Silan net profit of 95 million 890 thousand in 2016, revenue increased 40.10% LED

Yesterday (6) evening, Silan released annual report shows that in 2016, the company's total operating income was 2 billion 375 million 50 thousand yuan, compared with 2015 growth of 23.29% over the same period; the company operating profit of 12 million 270 thousand yuan, an increase of 53 million 320 thousand yuan more than the same period of 2015; the total profit was 88 million 610 thousand yuan, an increase of 216.08% compared to the same period of 2015; net profit attributable to the parent company shareholders of 95 million 890 thousand yuan, an increase of 140.47% over the same period in 2015.

2016, operating income of the company's integrated circuit compared with the same period last year, an increase of 20.92%. The main factor in the growth of integrated circuit revenue is a substantial increase in LED lighting drive circuit shipments. At the same time, AC-DC, MCU, digital audio and video products have a certain range of growth.

2016, the company's operating income LED products increased by 40.10% compared with the same period last year. The reason led products operating income increased: in 2016, with the domestic LED chip market rebound, especially the rapid development of high density LED color of the market, the company's subsidiary Hangzhou Silan azure Co Ltd the one hand to increase marketing efforts, accelerate inventory turnover, on the other hand, to speed up the construction of chip production. The light emitting diode chip sales and production were compared with the same period last year increased by 236.98% and 108.98%. With the gradual release of new capacity, improve the profitability of Silan azure; the four quarter of 2016, Silan azure loss has been significantly narrowed.

The company said, in 2017, the company will according to the board of directors proposed "to enhance the ability to firmly take the design and manufacture of integrated development model" the guiding ideology, continue to increase investment in more than one field of integrated circuit technology, special power devices, MEMS sensor and LED; using the company in a number of chip design accumulation. Provide solutions for application of chip products and systems solutions, rising product quality and reputation, enhance value-added products.

For more information about LED, please click on LED network or pay attention to WeChat public account (cnledw2013).