Yankon results released 2016 net profit of 452 million year-on-year increase of 21.67%

Yesterday (10) evening, Yankon released 2016 annual report, the company achieved operating income of 4 billion 393 million yuan in 2016 1-12 months, an increase of 3.18%; attributable to shareholders of listed companies net profit of 452 million yuan, an increase of 21.67%.

Specific products, LED light source and lighting products in 2016 revenue 3 billion 674 million yuan, an increase of 17.97%, annual sales of 269 million (sets), an increase of 31.86%; energy saving lamps and lighting products in 2016 revenue 658 million yuan, down 39.80%, annual sales of 83 million (sets), down 38.06%.

According to the announcement, since the beginning of 2007, the company must get rid of the OEM business model transformation, unswervingly to both OEM and independent market business model. Business plan in 2017 the company's operating income of 5 billion 451 million yuan, operating costs 4 billion 150 million yuan, net profit attributable to shareholders of listed companies 463 million yuan.

On the same day, Yankon also disclosed the 2017 first quarter results notice, the company expects 1-3 months of 2017 attributable to shareholders of listed companies net profit year-on-year changes 15%. The company said, in 2017 1-3 months, the company operating income of LED light source and lighting products continue to maintain steady growth.

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