[] newsletter Riyadh first quarter pre hung, Nina Li Hui subsidiary subsidies

Lyad first quarter net profit expected by 60% - 80%

Lyad today (6) days after the release of the first quarter of 2018 results notice, the company in 2018 first quarter net profit attributable to shareholders of listed companies amounted to 275 million yuan, 310 million yuan, up 60% over the previous year - 80%.

Lyad said that the main reason for the current period net profit growth is the increase in sales and order scale, as well as operating cash flow over the same period last year there was a substantial increase.

Nina Li hung Hui Zi company "tonic" 15 million 122 thousand and 900

Li Zhihui released "tonic" announcement, the company's subsidiary Jiangxi Hongli opto electronic Co., Ltd. in March 6, 2018 received by the Nanchang Airport Economic Zone Finance Bureau issued the industry support fund 15 million 122 thousand and 900 yuan. The sum of government subsidies in the form of cash issued, subsidy amount has been credited into account.

In accordance with the relevant provisions of the grant to the government grants related to income, in accordance with the accrual principle that operating income included in the current profits and losses. Hongli Newell said, this received government subsidies, is expected to increase the company's 2018 annual total profit of 15 million 122 thousand and 900 yuan.

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