Summary: Hongli / Chau Ming and other four companies announced the first half performance notice

Yesterday (9) evening and today morning, three male Aurora, Hongli Zhihui, Chow Ming technology and joint construction photoelectric four LED enterprises have disclosed 2018 first half performance notice. Among them, Hongli and Chau Ming's performance increased in advance, the performance of three male aurora is basically flat, while the joint construction optoelectronics is pre reduced.

The company announced that in January 1, 2018 -2018 June 30th, the company expects to achieve net profit of 84 million 304 thousand and 800 yuan to 102 million 53 thousand and 200 yuan attributable to shareholders of listed companies, a change of -5% - 15% from 88 million 741 thousand and 900 yuan a year earlier.

Three male Aurora said that during the reporting period, the company increased investment in market development and marketing, and sales revenue grew year-on-year. Meanwhile, during the reporting period, the earnings of financial products included in the current profit and loss account for about 35 million yuan, a substantial increase over the same period of 1 million 600 thousand yuan last year, mainly because the company would temporarily raise funds to purchase financial products temporarily for financial gain, resulting in a significant increase in the non recurrent losses of the company during the reporting period. In addition, the impact of non recurring gains and losses on net profit during the reporting period is estimated to be about 42 million yuan.

Hongli Zhi Hui expects to achieve net profit of 210 million 265 thousand and 800 yuan to 245 million 310 thousand and 100 yuan attributable to shareholders of Listed Companies in June 30th January 1, 2018, an increase of 20% to 40% from 175 million 221 thousand and 500 yuan a year earlier in June 30th.

Hung lee Chi Hui said that the net profit attributable to shareholders of listed companies increased compared with the same period last year. The main reasons are: LED market demand steady growth, the company's business scale continued to develop, the main business maintained a steady growth; at the same time, the company's acquisition of subsidiaries into the consolidated statements, business performance increased. In addition, the non recurring gains and losses for the half year of 2018 are estimated at approximately $70 million.

Chow Ming Technology expects to achieve net profit of 190 million 870 thousand yuan to 209 million 960 thousand yuan attributable to shareholders of Listed Companies in the first half of this year, an increase of 40% to 54% from 136 million 334 thousand and 900 yuan a year earlier.

According to the announcement, the main reasons for the company's performance change are: in the first half of 2018, the company continued to enhance product upgrading and channel upgrading. The sales revenue of the display was about 1 billion 500 million yuan, up by 32% over the same period last year. In terms of landscape lighting business, the company actively participated in the landscape lighting projects of several important cities, and won the bid in the first half of 2018. The order is about 520 million yuan. Secondly, in the second quarter of 2018, the company's single quarter business continued to improve, sales revenue increased by about 75% over the same period last year, and net profit attributable to shareholders of listed companies increased by about 80% compared with the same period last year. Moreover, in the two quarter of 2018, the exchange yield of the yuan in the first half of the year was about 6 million yuan due to the depreciation of the RMB against the US dollar.

In addition, Chow Ming Technology said the company expects the impact of non recurring gains and losses on net profit in the half year of 2018 is about 7 million yuan, mainly due to government subsidies. At the same time, benefiting from the high visibility of small spacing LED display and landscape lighting industry, the company expects to maintain a relatively fast development trend in the second half of the year according to the analysis of existing orders.

Joint construction optoelectronic bulletin said that the first half of the year is expected to achieve operating income of 1 billion 800 million yuan to 2 billion 200 million yuan, an increase of 5.81% to 29.33% over the same period last year. The net profit of shareholders attributable to listed companies is expected to be 130 million yuan to 170 million yuan, a decrease of 8.19% to 29.79% over 185 million 159 thousand and 900 yuan a year earlier.

During the reporting period, the company's digital display equipment, digital marketing services, digital outdoor and other core business segments have been steadily developing. The company's strategy has shifted from extensive mergers and acquisitions to focusing on endogenous synergy development. A collectivization management platform has been set up, and the company's marketing and service capabilities have been further enhanced, and the company's revenue has increased fairly rapidly over the same period last year.

In addition, during the reporting period, net profit attributable to shareholders of listed companies declined compared with the same period last year. The main reasons were: 1. The company's financial expenses and R & D investment increased considerably during the reporting period compared with the same period last year. Depreciation, amortization, property management and provision for bad debts will result in increased costs.

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