Hongli Zhihui and other six LED listed companies released their first quarter results

On April 26, Shenzhen Alto Electronics Co., Ltd. released the "First Quarterly Report of 2017", saying that during the reporting period, the operating income was 150,293,811.39 yuan, an increase of 180.17% over the same period of last year; the net attributable to shareholders of listed companies Profits of 9,098,187.74 yuan, an increase of 238.00% over the same period of April 26, six LED listed companies such as Weiwei, Alto Electronics, Wanrun Technology, Hongli Zhihui, Mingjiahui and Ocean King released the first quarter of 2017 Performance report. Among the six companies, except for Ocean King, the other five companies have achieved growth in both revenue and net profit. Below, let's take a look at the explanations of various companies! Alto's first quarter revenue increased by 180.17%. On April 26, Shenzhen Alto Electronics Co., Ltd. released the "First Quarterly Report 2017" text, the report period Within the company, operating income was RMB 150,293,811.39, an increase of 180.17% over the same period of last year; net profit attributable to shareholders of listed companies was RMB 9,098,187.74, a year-on-year increase of 238.00%. Alto Electronics said that operating income increased by RMB 96.65 million year-on-year, an increase of 180.17%, mainly due to the increase in operating income of the consolidated subsidiary Shenzhen Qianbaihui Lighting Engineering Co., Ltd. during the period. In addition, Alto Electronics also pointed out that the net profit attributable to shareholders of listed companies from January to June 2017 is expected to vary from 92.02% to 141.40%. Wanrun Technology's first quarter revenue increased by 147.58% year on year. On April 26, Shenzhen Wanrun Technology Co., Ltd. released the "First Quarterly Report 2017" text, saying that during the reporting period, the operating income was 466,919,192.30 yuan. The year-on-year increase was 147.58%; the net profit attributable to shareholders of listed companies was RMB 26,365,685.39, a year-on-year increase of 217.84%. In addition, Wanrun Technology also pointed out in the "Announcement" that the net profit attributable to shareholders of listed companies from January to June 2017 is expected to vary by 30.00% to 70.00%, mainly due to Beijing Yiwan Wireless Information Technology Co., Ltd. and Beijing Dingshengyi. Xuan Network Marketing Planning Co., Ltd. has been included in the scope of consolidated statements since April 2016. Beijing Vientiane New Mobile Technology Co., Ltd. has been included in the scope of consolidated statements since February 2017. Weiwei's first quarter revenue increased by 68.30% year-on-year. On April 26, Shenzhen Weiwei Photovoltaic Lighting Co., Ltd. released the “First Quarterly Report 2017”, saying that during the reporting period, the company realized a total operating income of RMB 678,787,100. , an increase of 68.30% over the same period of last year; the net profit attributable to shareholders of listed companies was 98,065,500 yuan, an increase of 111.48%. In this regard, Wei Wei shares said that the main reason is that the company's business development is stable, the company continues to sort out the business segments, focusing on advantageous business and high-growth business. The internal resources integration was strengthened, the personnel of the organization were streamlined, synergies were exerted, and centralized procurement was used to reduce costs and save resources. The business sectors played a synergistic effect and achieved good results. Hongli Zhihui's first quarter revenue increased by 57.14% year on year. On April 26, Hongli Zhihui released its 2016 annual report and 2017 first quarterly report. The company realized operating income of 692,079,900 yuan, an increase of 57.14% over the same period of last year; The operating profit was RMB 62,764,300, a decrease of 18.89% over the same period of the previous year; the total profit was RMB 95,653,100, an increase of 19.47% over the same period of the previous year; the net profit was RMB 79,853,900, an increase of 22.91% over the same period of the previous year. The net profit attributable to the parent company was RMB 79,760,700, an increase of 22.77% over the same period of the previous year. Hongli Zhihui said that the main reasons affecting the company's business changes: In the report period, the LED lighting market demand continued to improve, the company's operating performance maintained steady growth; the subsidiary company Jiangxi Hongli Photoelectric Co., Ltd. was responsible for the SMD fund-raising expansion project capacity The incomplete release has a certain impact on operating profit; in addition, the government subsidies received by the company during the reporting period increased compared with the same period of the previous year. Master's first quarter revenue increased by 78.62% year on year. On April 26, Mingjiahui released the first quarterly report of 2017. The company realized operating income of 94.22 million yuan from January to March 2017, an increase of 78.62% over the same period of last year; the average operating income of the building decoration industry increased. The rate was 4.87%, the net profit attributable to shareholders of listed companies was 2015.91 million yuan, an increase of 103.23% year-on-year, and the average net profit growth rate of the building decoration industry was 10.17%. According to Mingjiahui, the main reason is that with the successful listing, the company's working capital can be guaranteed, and the company's lighting engineering business experience is gradually accumulated and the industry's popularity is further improved. The company's operating income and net profit have achieved a large increase. The comparison of the base in the same period was lower. Ocean King's first quarter revenue increased 21.44% year on year. On April 26, Ocean King released the first quarterly report for 2017. The company's first quarter operating income increased 21.44% to 168 million yuan over the same period of last year, mainly because the company digging customers' needs. During the reporting period, income tax expenses decreased by RMB 5.018 million compared with the same period of the previous year, a decrease of 95.58%, mainly because the subsidiaries made up for the previous losses during the reporting period; the above-mentioned net profit decreased by RMB 8.2262 million or 38.99% from the same period of the previous year. On the same day, Ocean King released its 2016 annual report. The company achieved operating income of 925 million yuan from January to December 2016, an increase of 3.18% year-on-year; the average operating income growth rate of other electronics industries was 30.60%, and the net profit attributable to shareholders of listed companies was 111 million. Yuan, an increase of 65.47% year-on-year, and the average net profit growth rate of other electronics industries was 26.25%. The company said that the company deepened internal management and increased per capita output.

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