Hongli Optoelectronics realized operating income of 318 million in the medium term, up 24% year-on-year

On August 24th, " G20-LED Summit member company" Hongli Optoelectronics released the 2013 semi-annual report. During the reporting period, the company achieved operating income of 318 million yuan, up 23.81% over the same period of the previous year; total profit was 28.32 million yuan, down 28.26% over the same period of last year; net profit was 23.05 million yuan, down 30.62% over the same period of the previous year.

According to the report, the operating income of LED general lighting products increased by 34.36% year-on-year, mainly due to the fact that Guangzhou Laidiya increased its efforts to expand the domestic and foreign LED lighting market. The revenue of LED automotive lighting products increased by 30.52% year-on-year, mainly due to the fact that Guangzhou Foda vigorously developed the international market for automotive lighting.

Hongli Optoelectronics said that with the continuous decline in the price of LED lighting products, the commercial lighting and residential lighting market has developed rapidly, and the demand for LED lighting has increased. The company has effectively released its production capacity and its operating income has increased to a certain extent. However, due to fierce competition in the LED lighting market, the decline in product sales prices, and the increase in operating expenses after the company moved into the new industrial park in 2012, the gross profit margin decreased. These factors led to a certain net profit of the company during the reporting period. cut back.

During the reporting period, Hongli Optoelectronics successively launched high-reliability and high-quality LED device products such as “Hong” series COB products, the third generation of new EMC process packaging series products, and the second generation white light ceramic series products, and increased the tradition. The development of large-scale customers of lighting-to-LED lighting manufacturers enabled the company to effectively release production capacity in the first half of 2013, achieving operating income of 318 million yuan, an increase of 23.81% over the same period of the previous year. However, due to fierce competition in the LED lighting market, the decline in product sales prices and the increase in operating expenses after the company moved into the new industrial park in 2012, the gross profit margin decreased. During the reporting period, the company's net profit was 230.485 million yuan, compared with the same period of the previous year. Decreased by 30.62%.

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