Small spacing LED and overseas business sprint Chau medium-term profit surge

[LED] China Vtion Chau Ming technology August 6th evening semi annual report released in 2015, during the reporting period, the company achieved total revenue of 624 million yuan, an increase of 40.01%; attributable to shareholders of listed companies net profit of 57 million 68 thousand and 800 yuan, an increase of 139.47%.

Sub products, Chau Ming technology LED display to achieve revenues of 550 million yuan, an increase of 52.63%; LED lights to achieve revenue 60 million 225 thousand and 100 yuan, down 17.82%; LED lights to achieve revenue 7 million 532 thousand and 700 yuan, down 5.19%.

Chau Ming technology main business product distribution (source: Chau Ming Technology semi annual report)

It is worth mentioning that, in the LED display business income, Chau Ming technology small pitch LED display business performance is good, the first half of 2015, the state of science and technology of small spacing commercial super TV products to achieve revenue 167 million 794 thousand and 600 yuan, accounting for the main business income of 26.88%, representing a growth of 113.01%, during the reporting period, the company with small spacing total commercial super TV new orders 240 million 941 thousand and 200 yuan, representing an increase of 192.72%.

From the regional distribution, the performance of the overseas market growth rate is clear, during the reporting period, the company achieved revenues of 448 million 601 thousand yuan in overseas areas, an increase of 57.50% over the same period last year.

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