[a] quarter Riyadh, ocean King double revenue and net profit growth

Today morning, the two companies were added on the report of the first quarter of 2018, respectively Lyad and sea king, two enterprises have achieved double revenue and net profit growth. At the same time, the ocean king announced the 2017 annual report.

Riyadh (hereinafter referred to as "the company") in 2018 first quarter operating income of 1 billion 819 million yuan, representing an increase of 61.3%, net profit attributable to the listed company 304 million yuan, increasing 76.55% over the same period last year; new orders signed 3 billion 200 million, representing an increase of 50%.

The main financial data report during the first quarter of 2018

Lyad said that during the reporting period, the company four main business of rapid growth. Intelligent display in the creative display drive, operating income over the same period last year rose nearly 40%, night economy and text brigade new format revenues have doubled, VR experience to achieve more than 50% growth.

In addition, Riyadh also said that the first quarter of 2018, the company mainly for the development of MINI LED products.

The Sea King (hereinafter referred to as "the company") 2017 annual total revenue of 1 billion 97 million yuan, an increase of 18.60%; attributable to shareholders of listed companies net profit of 152 million yuan, an increase of 36.61%.

The main financial data of 2017 Annual Report

The company's products cover fixed lighting equipment, lighting equipment and lighting equipment, portable mobile three series, 2017, fixed lighting equipment sales revenue of 423 million yuan, the proportion of total revenue was 38.55%, an increase of 41.42%; mobile lighting equipment revenue 196 million yuan, total revenue accounted for 17.91%, with the An increase of 42.92%; portable lighting equipment revenue 447 million yuan, total revenue accounted for 40.74%, down 3.72%.

The sea king said that in 2017, the company deep customer demand, sales revenue growth. Due to rising income, and the company continued to deepen the independent management and meticulous management, cost effective control, to enhance the level of corporate profits in 2017.

In addition, the ocean king 1Q18 achieved revenues of 219 million yuan, an increase of 30.16%; attributable to shareholders of listed companies net profit of 17 million 875 thousand and 300 yuan, an increase of 38.86%.

The main financial data report during the first quarter of 2018

According to the announcement, in 2018 1-6, the company expects net profit attributable to shareholders of listed companies is positive and does not belong to turnaround situations.

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