Zhouming Technology's net profit growth in the first half of the year was 14.82%, which was less than expected. LED small pitch increased to 40.97%.
Zhouming Technology (300232) released its 2016 semi-annual report. In the first half of the year, the company achieved operating income of 672 million yuan, an increase of 7.60% over the same period of last year; net profit attributable to shareholders of listed companies was 65.528 million yuan, an increase of 14.82% over the same period of last year. Up to expectations. The report said that in the face of macroeconomic slowdown, industry competition and other unfavorable factors, affected by factors such as tight supply chain production and the decline in sales of high-margin products of subsidiaries, the company's business performance in the report period did not meet expectations. In terms of specific business, LED small-pitch products ushered in the industry outbreak period, and the order volume continued to climb. In the first half of the year, LED small-pitch display sales revenue was 275 million yuan, up 63.98% over the same period of last year; the company's total revenue was 40.97%, an increase of 14.09 percentage points over the same period of the previous year. Lithium Ion Battery,5G Integrated Battery,Custom Ups Lithium Ion Battery,Communication Ladder Backup Battery Wolong Electric Group Zhejiang Dengta Power Source Co.,Ltd , https://www.wldtbattery.com