Trend up, 10 LED companies Q1 performance list

[Reuters] LED since 2016 since January, LED listed companies have released in 2016 a quarterly forecast, from 10 LED listed companies have released a quarterly notice can be found, most of the enterprises "performance of the pre state, of course there are also companies suffered losses. After 2015 years of price war and the industry reshuffle, LED market seems to gradually pick up. In this regard, LED network recently visited a number of LED packaging enterprises, from the mouth of the enterprise to get the message that the current market is good, after a wave of market.

Package lighting

Allring technology first quarter net profit growth of 240% - 290%

Million run technology March 30th evening announcement, is expected in the first quarter of 2016 attributable to shareholders of listed companies net profit: 7 million 437 thousand and 200 yuan - $8 million 530 thousand and 900, an increase over the previous year: 240% - 290%.

Reasons for changes in performance: Shenzhen day photoelectric Co., Ltd. incorporated into the scope of the consolidated report is expected in the first quarter of 2016, sales revenue growth over the same period last year.

The country star power in the first quarter net profit growth of 0%-10%

China Star optoelectronics is expected in the first quarter of 2016 attributable to shareholders of listed companies net profit: 34 million 537 thousand and 800 yuan -3799.16 million, an increase over the same period last year: 0%-10%. The main reason for the change in the performance of the company is due to the increase in sales revenue.

Honglitronic first quarter net profit growth of 110% to 140%

Honglitronic March 10th evening announcement, is expected in the first quarter net profit of 57 million 267 thousand yuan to 65 million 448 thousand yuan, an increase of 110% to 140%.

Reasons for changes in performance: the company said the first quarter of 2016, LED lighting market demand is good, the company's business scale continues to develop, the main business has maintained a steady growth. In addition, the company transferred its subsidiary company Xinquan photoelectric 15.05% stake, the report is expected to non recurring impact on net profit of about 14 million yuan.

A group in the first quarter forecasted 77.69% to 105.03%

Rectangular group January 27th first quarter results notice, is expected in 2016 1-3 net profit attributable to shareholders of Listed Companies in: 13 million yuan to $15 million, compared with the same period last year, an increase of: up to.

Earnings reasons: 1, the company's subsidiary Shenzhen Kang Mingsheng Technology Industrial Limited by Share Ltd into the consolidated financial statements, which caused by the fan; 2, non recurring impact on net profit amounted to approximately 2 million yuan.

Sapphire

Jing Sheng electrical first quarter forecasted 30%-60%

Jing Sheng Electrical March 10 announcement, is expected in the first quarter of 2016 attributable to shareholders of listed companies net profit: $22 million 906 thousand and 500 -2819.26 million, an increase over the same period last year: 30%-60%.

Earnings reasons: first, with the gradual recovery of the photovoltaic industry, in 2015 the company signed the crystal growth equipment orders year-on-year increase, part of the equipment acceptance and recognition of revenue in the first quarter of 2016; secondly because the company monocrystalline silicon rod cutting and grinding machine, cutting machine and other composite new products and high-end equipment service industry gradually developed, made good revenue for the company; in addition, during the reporting period, non recurring impact on net profit amounted to 1 million yuan to 2 million yuan.

Dew smile first quarter results fell 47.15%-15.44%

Dew laugh technology March 30th evening announcement is expected in the first quarter of 2016 attributable to shareholders of listed companies net profit: 5 million yuan - $8 million, down from the same period last year: 47.15%-15.44%.

Reasons for changes in performance: in the first quarter of 2016, the cable industry continued to weaken, the decline in sales of optoelectronic devices, so that the company's performance declined.

Display class

Lyad first quarter net profit growth of 120%~150%

Riyadh is expected 1-3 months of 2016 attributable to shareholders of listed companies net profit: 74 million 899 thousand and 700 yuan -8511.32 yuan, year-on-year growth of 120%-150%.

Changes in the performance of the reasons: compared with the same period last year, the current increase in net profit is mainly due to the expansion of sales and orders increased.

The photoelectric first quarter net profit growth of 92.86% to 118.33%

The photoelectric announcement is expected in March 8th, the first quarter of 2016 attributable to shareholders of listed companies net profit: 53 million yuan to 60 million yuan, an increase over the previous year: 92.86% ~ 118.33%.

Changes in the performance of the reasons: in the first quarter of 2016, the company focused on becoming digital outdoor media group's strategic objectives, according to the company's strategic planning to carry out the business. With the formation of the company in digital equipment technology, brand PR services and outdoor media network as the core of the "digital outdoor media group" prototype, the company's marketing services to further enhance the ability, asset size and profitability will be further enhanced, the company synergy effect is obvious, the performance of the company increased significantly compared with the previous year. By the China Securities Regulatory Commission listed company mergers and acquisitions audit committee audit, the company issued shares and pay cash to buy assets and raise matching funds and related transactions have been conditionally approved. Related assets in the company after obtaining approval for asset delivery. Net profit of the relevant assets before the approval is not included in the consolidated statements. After the completion of the reorganization, the existing outdoor media network business can be expanded, horizontal expansion to achieve outdoor advertising agency business, Internet advertising business is greatly enhanced, the company of "digital outdoor media group" will further improve the industrial chain layout, form a line