Industry news

State lighting results released in 2017, 4 billion in revenue grew 25%

The day before, state lighting (hereinafter referred to as the "company") released 2017 annual report, the company achieved operating income of 4 billion 31 million yuan, an increase of 24.98%; net profit of 212 million yuan, down 34.58%; net profit attributable to shareholders of the parent company 210 million yuan, down 34.08%.

According to the announcement, classification performance by industry, company lighting equipment R & D, production and sales revenues of 4 billion 28 million yuan, an increase of 24.9%; according to the product categories, lighting applications and other products to achieve revenue 4 billion 28 million yuan, an increase of 24.9%; according to the classification area, domestic revenues of 813 million yuan, an increase of 74.25%; foreign revenue 3 billion 220 million yuan, an increase of 16.56%.

State lighting said, mainly due to net profit during the reporting period, net profit attributable to shareholders of listed companies fell for the reporting period, export-oriented business, foreign exchange rate fluctuates greatly; some raw materials prices appear more substantial rise. These unfavorable factors led the company's integrated gross margin declined compared to last year.

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