Siu Chi, FSL and Wright released 2017 annual report, Siu Chi broken billion revenue

Today morning, FSL, Wright and Siu Chi shares have been disclosed in 2017 annual report. Among them, Wright and Siu Chi shares have achieved double net revenue growth in 2017, while FSL is profitable, but has declined compared to 2016.

In 2017, FSL achieved operating income of 3 billion 800 million yuan, an increase of 12.88%, attributable to shareholders of listed companies net profit of 740 million yuan, down 30.96%, net profit decline was mainly due to the reduction in 2017, China Xuan tech 8 million 770 thousand and 400 shares and the sale of Qinghai fozhao lithium energy development limited 38% equity investment income 455 million 377 thousand and 700 yuan. In 2016 the company's holdings of China Xuan tech stock 29 million 270 thousand shares, investment income 853 million 216 thousand and 100 yuan, down 46.63%.

Main accounting data and financial indicators

Data show that FSL revenue of 3 billion 800 million yuan last year, according to the products can be divided into the traditional LED lighting products, lighting products, electrical products and other services, including LED lighting products to achieve revenue 2 billion 630 million yuan, accounting for 69.19% of total revenue; traditional lighting products revenue 1 billion 20 million yuan, accounting for 26.71% of total revenue.

FSL said that the Future Ltd will continue to adhere to the professional development path, around the "lighting, electrical, automotive lighting" three major business sectors, through the vigorous implementation of sophisticated technology, internationalization, brand and market scale production "strategy, improve management quality and capacity for sustainable development of the company.

Snow Wright in 2017 to achieve the overall operating income of 1 billion 30 million yuan, an increase of 26.08% a year, a total profit of 49 million yuan last year, an increase of 61.41%; attributable to owners of the parent company net profit of 56 million yuan, with a year-on-year increase of 37.94%.

Main accounting data and financial indicators

According to the announcement, 2017, the company based on product advantages, seize market opportunities, focus resources breakthrough overseas in key areas, LED indoor lighting series of business income over the same period last year increased by more than 90%; environmental purification series, the company continued to play a leading role in ultraviolet germicidal lamp sub industry advantage, the related revenue growth of approximately 40% over the same period last year LED; outdoor lighting series and display system of LED series, the company's business focus adjustment and product structure adjustment based on related business income decline over the same period last year. Indoor lighting series lighting fluorescent lamp series and car business income continue to maintain steady growth, the automotive lighting series of LED lights and gradually expand the proportion.

In addition, Wright said that the future will strengthen the integration of resources, increase development efforts, effectively expanding the "key auto parts" new energy business sector.

Siu Chi shares in 2017 operating income of 10 billion 229 million yuan, an increase of 36.80%; a total profit of 700 million yuan, an increase of 63.76%; net profit attributable to shareholders of listed companies was 603 million yuan, an increase of 61.04%.

Main accounting data and financial indicators

Statistics show that last year, Siu Chi shares revenues of 10 billion 200 million yuan, the products can be divided into audio-visual and communication electronic products, LED products and devices, Internet products and services. Among them, audio-visual and communication electronic products revenue 6 billion 100 million yuan, the proportion of revenues accounted for over half, 59.91%; LED products and devices revenue of 1 billion 500 million, accounting for 15% of total revenue; Internet products and services revenue 2 billion 600 million, accounting for 25.09% of total revenue.

Siu Chi shares said that in 2017, the company entered the LED chip in the high-end manufacturing, strategic layout of LED chip + + application package lighting "platform for the whole industry chain, to become the industry through the LED industry chain, downstream of the listed company. In 2018, the company adhere to the main strategy of "intelligent manufacturing + brand + Internet service steadily expanding at the same time, the construction of the full support of the LED industry chain, the project plan in the year officially put into operation, combined with the set-top box, digital technology and communication technology, and actively create intelligent home gateway, and continuously expand the upstream and downstream industry chain around, enhance the company's profitability, develop new profit growth point.

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