[a] quarter and an increase of Ming Zhou Linsen, tospo down

Yesterday (24) evening and this morning, state lighting, Linsen and Chau Ming technology have disclosed the 2018 first quarter report, and among them, Linsen Chau Ming technology net revenue showed positive growth, while the state lighting is on the contrary. In addition, Chau Ming technology also announced the 2017 annual report, to achieve revenue of more than 3 billion, and the net revenue grew more than 70%.

State lighting the first quarter of 2018, operating income of 897 million yuan, down 4.55%; attributable to shareholders of listed companies net profit of 38 million 542 thousand and 500 yuan, down 29.66%.

The main financial data of the first quarter of 2018

Our 2018 first quarter operating income of 2 billion 23 million yuan, an increase of 31.70%, mainly due to the impact of the expansion of production and market development; attributable to shareholders of listed companies net profit of 166 million yuan, an increase of 24.94%.

The main financial data of the first quarter of 2018

In addition, our 1-6 month expected 2018 net profit attributable to shareholders of listed companies is positive and does not belong to turnaround situations.

Chau Ming technology first quarter 2018 total revenue of 859 million yuan, representing a growth of 58.95%; net profit attributable to shareholders of listed companies was 52 million 612 thousand and 100 yuan, up 5.88% over the same period last year.

The main financial data of the first quarter of 2018

Chau Ming said that the reason for the reporting period the level of profit growth relatively slow: the first quarter of 2018, the RMB appreciation trend continued last year against the dollar, affected by the adverse effects, the company generated exchange loss of 22 million 361 thousand and 200 yuan; in addition, the second half of 2017, the company through mergers and acquisitions to expand the overall size of the extension, because the newspaper During the reporting period in the continuous upgrading and integration management mode of operation, resulting in management fees during the reporting period compared to the same period last year increased by about 35 million yuan, have a certain impact on the net profit attributable to shareholders of listed companies.

In addition, Chau Ming Technology 2017 annual total revenue of 3 billion 30 million yuan, an increase of 73.58%, compared with 2016, LED display sales revenue of 2 billion 653 million yuan, an increase of 67.59%; net profit attributable to owners of the parent company was 284 million yuan, an increase of 70.80% compared with the same period last year.

During the 2017 annual key financial data

Chau Ming said that in 2017, LED display applications continue to expand, the market continues to expand the scale, LED landscape lighting industry in a blowout, brought a broad space for the growth of the company. The main reason to drive continued growth in operating results of the company to accurately grasp the market demand, to expand production capacity, lean production, breakthrough products supply bottlenecks, effectively promote the company's sales promotion. At the same time, the company continued to promote the domestic and international market channel upgrade, continue to strengthen the small spacing LED market development, increase the layout of overseas investment, expand overseas market share and application scenarios, boost the rapid development of the company.

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