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Foshan Lighting's LED revenue surged in 2014, 234Q1 net profit increased by 40%
Foshan Lighting released its annual report on the evening of the 26th. The company achieved operating income of 3.069 billion yuan in 2014, an increase of 21.45 year-on-year; net profit of 266 million yuan, an increase of 5.68. The basic earnings per share was 0.27 yuan. In addition, the company intends to distribute a cash dividend of 2.20 yuan (including tax) to every 10 shares of all shareholders, and transfer 3 shares for every 10 shares of all shareholders with capital reserve. Data from Foshan Lighting 2014 Annual Report The company said that during the reporting period, the company's main business sales revenue was 3.041 billion yuan, an increase of 21.58 over the previous year, of which domestic sales income was 2.161 billion yuan, an increase of 28.59 over the same period of the previous year, and foreign sales revenue of 8.80. 100 million yuan, an increase of 7.20 over the same period of the previous year. In view of the variety of LED products, fast update and short cycle, the company's first-line salesmen and R&D personnel are deeply in the market, and are constantly developing new products, especially LED new products, and enriching the company's product line, which not only promotes the market demand. The company's product transformation and upgrading, and added a new profit growth point for the company. LED sales revenue increased from 277 million yuan in 2013 to 926 million yuan in 2014, an increase of 233.99, successfully completing the transformation from traditional lighting to LED, making the company occupy an important position in the LED market development. In addition, in response to the false statement of claim, Foshan Lighting said that from September 2013 to March 2015, 2279 investors filed a lawsuit with the Guangzhou Intermediate People's Court on the grounds of securities misrepresentation liability disputes, requesting the company to The information disclosure illegal act bears civil liability and requires the company to compensate 335.90 million yuan and 1.328 million Hong Kong dollars. If the court finally decides that the company's compensation amount is relatively high, it will have a greater impact on the company's later operating results. On the same day, the company announced that its operating income in the first quarter reached 767 million yuan, an increase of 9.6 over the same period of the previous year. The net profit attributable to shareholders of listed companies was 99.482 million yuan, a year-on-year increase of 39.42, and basic earnings per share was 0.102 yuan.