On August 13, Shenzhen Zhaochi Co., Ltd. released the first half of the report. From January to June 2013, the company achieved operating income of 2.594 billion yuan, a year-on-year increase of 5.91%, and a net profit of 240 million yuan, an increase of 5.38%. Among them, the operating income of LED products and accessories was 168 million yuan, an increase of 243.19% over the same period of the previous year, and the gross profit margin was 22.19%.
Zhaochi said that during the reporting period, based on the original products, the backlight products 3528, 4214, 7020 were upgraded, further improving the light efficiency and reducing the cost. The LED backlight business has become the fastest growing business of the company.
In order to meet the increasing demand for orders, the company added eight LED lighting production lines in the Shajing factory in June, which are specially used to produce T8T5 lamps and panel lamps.
According to Zhaochi, during the reporting period, the demand for low-cost solutions with a direct mixing distance of 20-30mm was solved. The technical breakthrough was achieved after the mixing distance of 20mm or less, and the trial production stage was entered. It is expected to achieve mass production in the third quarter. In terms of capacity, in order to meet the strong market demand, the company will expand the existing 50 LED packaging production lines to 80 by the end of August.
The report predicts that the net profit attributable to shareholders of listed companies will vary from 0% to 30% from January to September 2013, and the net profit will range from 415 million to 540 million.
Zhaochi said that during the reporting period, based on the original products, the backlight products 3528, 4214, 7020 were upgraded, further improving the light efficiency and reducing the cost. The LED backlight business has become the fastest growing business of the company.
In order to meet the increasing demand for orders, the company added eight LED lighting production lines in the Shajing factory in June, which are specially used to produce T8T5 lamps and panel lamps.
According to Zhaochi, during the reporting period, the demand for low-cost solutions with a direct mixing distance of 20-30mm was solved. The technical breakthrough was achieved after the mixing distance of 20mm or less, and the trial production stage was entered. It is expected to achieve mass production in the third quarter. In terms of capacity, in order to meet the strong market demand, the company will expand the existing 50 LED packaging production lines to 80 by the end of August.
The report predicts that the net profit attributable to shareholders of listed companies will vary from 0% to 30% from January to September 2013, and the net profit will range from 415 million to 540 million.
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