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Many Listed LED Companies Use Low Prices To Seize Market
Date: 2014-01-02
On July 12, Lehman photoelectric performance forecast released in the first half is expected attributable to shareholders of listed companies net profit of 14.0806 million yuan ~ 16,092,000 yuan, 20,115,100 yuan more than the same period last year decreased by 20% to 30%.Lehman photoelectric is not isolated case, including Moso Power Supply, Hongli Opto-electronic enterprises, including a 2013 first-half results released trailer, trailers showed that although there is a certain level of revenue growth, but profit is still a downward trend.Some analysts believe that, no increase in interest income of the important reasons is the LED industry is highly competitive, companies cheap grab market will continue, product gross margins will continue to decline, dragging down the company's profits.The first half of this year, LED terminal market changed from previous years in the doldrums, the situation presents flourish, LED related stocks stock is bullish. But with the 2013 first half results have been released notice, the reporter found that the number of LED corporate profits has not been substantial improvement in income does not increase profits are quite common.For performance reasons for the change, Lehman Optical, said the first half of 2013, the company actively exploring new business profit model, as new businesses and new areas of expansion is still in the pre-investment stage, human resources and the cost of inputs greater; simultaneously , as the new industrial park into operation, operating expenses rose during the reporting period, resulting in net income over last year declined. In fact, in addition to Lehman photoelectric, other many LED companies also appeared in the first half of this year, profits downturn. Honglitronic Revenues are expected to grow 20% over the previous year to 30%, but attributable to shareholders of listed companies net profit was down 25% to 35%; MOSO of total revenue grew 10% to 15%, while profits also about 10% to 30% decline.
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