[LIAN] photoelectric express semi annual profit, Guangdong sweet loss

LIAN first half net profit of 116 million, the overall operation more stable

19, LIAN released a semi annual report, the company achieved a total revenue of 1 billion 360 million yuan, representing a growth of 14.57%; total attributable to owners of the parent company net profit of 116 million yuan, representing an increase of 16.50% over the same period, the overall business is still relatively stable situation.

The company said, from the industrial sector, industry concentration further increased, the economies of scale of outstanding performance, in the project, the release of production capacity of products and customer structure, existing customers continued incremental driven, intelligent control module, our company better growth back light module of two major business segments, LED lighting device maintenance; project to maintain the stable development level; the communication cable market competition has become increasingly fierce, the conditions and the increasing difficulty, sales price decline, fiber raw material supply caused a sharp increase in the price of influence of other factors, the company wire and cable industry revenue continued to decline.

Guangdong Ganhua first half net profit -2007.53 million yuan, an increase of 41.96%

On the same day, Guangdong Gan Hua issued the report, the company achieved a total revenue of 400 million yuan, of which Germany photoelectric Biological Center operating income of 48 million yuan, operating income of 20 million yuan, the paper trade revenues 68 million yuan, sugar trade revenues 260 million yuan; net profit attributable to the parent company and the owner of -2007.53 million yuan. As of June 30, 2017, the company's total assets of 1 billion 600 million yuan, attributable to owners of the parent company's net assets of 1 billion 276 million yuan.

According to announcements, during the reporting period, the company of sugar, paper trade normal development, capital returns good; Germany provided capacity photoelectric cost reduction, business indicators year-on-year increase, but due to the small scale, high production cost, failed to achieve profitability; Biological Center under travel reduced customer demand and other unfavorable factors. The sales income is not expected, the larger operating pressure. In addition, although the acquisition of wisdom with biological project has been terminated, but the company will continue to focus on strategic development planning, and actively carry out health industry related subject selection, inspection and verification work, in order to use the power of capital markets to promote the transformation and upgrading of the company.

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