Foshan Lighting's net profit for the first half of the year increased by 14% year-on-year


On August 29, Foshan Lighting released the 2013 semi-annual report. During the reporting period, the company achieved operating income of 1.208 billion yuan, an increase of 13.52% over the same period of last year; total profit of 193 million yuan, an increase of 20.85 over the same period of last year; net profit attributable to shareholders of listed companies was 153 million yuan, an increase of 13.77% over the same period last year.
During the reporting period, the company achieved a sales income of 1.182 billion yuan in main business, an increase of 12.26% over the same period of last year, of which domestic sales revenue was 854 million yuan, an increase of 17.40% over the same period of last year. Export sales revenue was equivalent to RMB 328 million, compared with the same period last year. The increase was 3.92%. The gross profit margin of the products was 23.11%, which was 2.01% lower than the same period of last year.
Foshan Lighting said that since the company invested in LED production lines last year, the production capacity has grown exponentially. With the channel in the lighting field and the mature marketing network, the company has an advantage in LED. This year, Foshan Lighting has adopted a rapid price reduction promotion strategy with national distributors to seize market space.
Foshan lighting LED products include LED light source, LED commercial, LED office, LED outdoor and LED car lights. The company's research and development of LED crystal series bulbs, compared with incandescent lamps, the power saving rate of 90, the company adopted a high-quality, low-price strategy to market, of which 3WLED bulbs market price of 5.5 yuan, 5WLED bulbs Also only 9.8 yuan.

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