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LED industry prosperity is good, Dehao Runda medium-term net profit 38. 7 million

Dehao Runda announced on August 27 that the company achieved operating income of 19. In the first half of 2014. 3. 5 billion yuan, an increase of over the same period last year. 98, of which, LED industry realized operating income of 10. 4. 3 billion yuan, an increase of 50 over the same period last year. 39; The small household appliance industry achieved operating income of 8. 8. 2 billion yuan, an increase of 35. 30. During the reporting period, the net profit attributable to shareholders of listed companies reached 3870. 250 thousand yuan, down 23 from the same period last year. 36. Although the net profit has declined compared with the same period of last year, it has reversed the loss in the first quarter of this year. In the first half of 2014, China's economy slowed down steadily, and the economic recovery of developed economies was unsatisfactory. In the first half of the year, the prosperity of the LED industry increased and the industry as a whole developed rapidly. The growth of LED application lighting demand has also driven the growth of packaging and chip demand in the middle and upper reaches. Benefiting from the good prosperity of the industry, the company's LED product shipments continued to boom. In the first half of the year, the company's LED business sales revenue hit a record high, and the overall LED revenue scale exceeded the small household appliance business for the first time. However, the market competition in the LED industry is also further intensified, with the sales price of products declining and the overall gross profit margin slightly decreasing; Stimulated by the gradual recovery of the overseas market, the small household appliance business has maintained a stable sales revenue and the overall profitability has remained stable. The company positioned 2014 as a stable development year. During the reporting period, the company continued to acquire NVC Lighting 6. The equity of 86 has further enhanced the company's significant influence in NVC Lighting, which is conducive to further integration in the later period; Important achievements have been made in product research and development, and a new generation of LED blue flip chip named Sirius has been released, named Polaris CSP (Chip Scale Packaging) LED white flip chip, the company has been at the industry level in terms of technology and product performance in the field of LED flip chip, and its competitiveness in the field of LED chip is rapidly improving; The third non-public offering was completed, and the net fund raised was 1337. 3 million yuan, which greatly enriched the capital strength of the company.

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