Dongshan Precision's net profit in the first half of the year reached 30.52 million, down 9% year-on-year

On August 23, Suzhou Dongshan Precision released its 2013 semi-annual report. In the report period, the company achieved operating income of 1.99 billion yuan, an increase of 59.81% over the same period of the previous year; net profit of 30.52 million yuan, down 9.1% over the same period of last year; basic earnings per share of 0.08 yuan, down 11.11%.

The report pointed out that in the first half of 2013, Dongshan Precision LED backlight business was promoted to the outside market faster, and the sales revenue increased significantly compared with the same period of last year. The operating income of LED and its modules was 482 million yuan, an increase of 210.65% over the same period of the previous year.

The report shows that the LED lighting business has gradually completed the system and industry certification of the entire line of products. The outdoor lighting of the five experimental sections has been completed and the expected results have been achieved. The promotion of engineering lighting has also achieved phased results.

Dongshan Precision expects that the net profit attributable to shareholders of listed companies will change from -50% to 0% from January to September 2013, and the net profit will range from RMB 37.2 million to RMB 74.59 million. The reason for the change in performance is that with the expansion of the company's production and sales scale, the expansion of the company's marketing channels has led to a continuous increase in sales expenses; the development of new products and new technologies has led to an increase in investment in research and development; and the increase in bank loans has resulted in financial expenses. increase.

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