Hongli Optoelectronics Q3 revenue increased by 7%, accumulated net profit in the first three quarters decreased slightly

Hongli Optoelectronics released the 2012 Q3 results announcement. During the reporting period, the company realized operating income of 138,538,300 yuan, an increase of 6.68% over the same period of the previous year; total profit was 17.5922 million yuan, a decrease of 7.84% over the same period of the previous year; net profit was 14.919 million Yuan, an increase of 2.65% over the same period of the previous year. The basic earnings per share is 0.06 yuan.

In the first three quarters of 2012, the company realized operating income of 395.77 million yuan, a decrease of 1.70% over the same period of the previous year; total profit was 57.071 million yuan, a decrease of 16.58% over the same period of the previous year; net profit was 48.104 million yuan, a decrease of 7.67 over the same period of the previous year. %.

In the first three quarters of 2012, the overall performance of the LED industry due to the impact of the international financial crisis was still poor. Although the government has introduced relevant policies for semiconductor lighting promotion, it will take time to implement it. At the same time, the company's domestic channel network has begun to take shape, and market development will take some time. The company moved to the new industrial park in July 2012. During the relocation process, the release of LED packaging capacity was affected due to weather, equipment installation and commissioning. These factors led to a certain decrease in the company's operating income and net profit in the first three quarters of 2012 compared to the same period last year.

The High-tech LED Industry Research Institute (GLII) has conducted an in-depth investigation of domestic LED white light packaging manufacturers, and selected the most competitive LED white light packaging enterprises in China from the perspective of the company's revenue scale, technical strength and growth potential. Strong, the company ranked first.

Hongli Optoelectronics said that the company will continue to implement the business plan for the second half of 2012. Continue to increase investment in research and development, win the recognition of customers with LED overall solutions and services, and provide more competitive LED products. Further promote the construction of channel network, expand the domestic channel network, and build a company channel sales system. To undertake LED lighting projects in EMC mode, and cooperate with relevant government departments to implement the Guangdong LED lighting promotion program.

In addition, as the existing site of Shenzhen Laidiya is leased, the site area is small and the expansion space is limited. In order to expand the development space of Shenzhen Ladia, the company will effectively utilize the temporary vacant production plant of the new industrial park. The company plans to be in 2012. Before the end of the year, the production capacity of Shenzhen Ladia will be moved to the new industrial park where the company is located. The relocation will have a certain impact on the release of lighting products and the company's performance. The company has taken relevant measures to ensure smooth relocation and minimize the impact of relocation on the production capacity of lighting products.

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