[first half performance announcement] Lehman shares pre reduction, Tai Lung lighting pre increase

Yesterday (10) evening, Lehman shares and Tai Long lighting also disclosed the first half of 2018 performance notice, the former performance decreased, the latter increased.

Lehman shares announced that in January 1, 2018 -2018 June 30th, the company expects to belong to shareholders of listed companies net profit of 10 million 791 thousand yuan - 17 million 265 thousand and 600 yuan, 21 million 582 thousand yuan lower than the same period last year dropped by 20%-50%.

Lehman shares said the sales revenue of the company's LED business continued to grow. The performance of the reporting period declined from the same period last year. The main reasons are as follows: COB business continues to expand, and some of the orders are shipped in succession. However, due to the increase in the cost of R & D, outsourcing equipment and other costs of COB small spacing HD display panels, and the lag in production capacity, the efficiency is not up to expectations; in addition, it is being challenged by overseas market competition. Exacerbated by the appreciation of the renminbi over the same period last year, the selling price of the company's exports decreased compared with the same period last year, resulting in a decline in the gross gross profit margin of the products.

In January 1, 2018 of June 30th -2018, the net profit of the Company attributable to shareholders of listed companies was 20 million yuan to 24 million yuan, an increase of 50% to 80% from 13 million 330 thousand yuan a year earlier.

According to the announcement, during the reporting period, the company carried out various tasks in an orderly way according to the annual business plan, enhanced the ability to solve the problem and quickly responded, and the business development momentum was good, and the main business income increased steadily over the same period last year. On the other hand, the non recurring gains and losses in the first half of the year increased considerably compared with the same period last year.

In addition, during the reporting period, the impact of the company's non recurring gains and losses on net profit is estimated to be between 360-420 yuan.

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