Huacan Optoelectronics (300323) released the first quarterly report for 2017 on the evening of April 24. During the reporting period, the company realized operating profit of RMB 55,569,600, an increase of RMB 98,836,600 over the same period of the previous year, an increase of 224.49%; and a net profit of RMB 80,780,100. Compared with the same period of last year, it increased by RMB 94,680,700, an increase of 681.13%.
The company said that the overall operation of the company in the first quarter was good, and the overall operating situation was stable and upward. With the recovery of the LED chip industry and the increase in the production capacity of some of the company's new production capacity and the efficiency of technological transformation equipment, the scale of production and sales increased significantly compared with the same period of the previous year. The operating income was 50,644.8 thousand yuan, an increase of 110.71% over the same period of the previous year.
At the same time, the income of the sapphire business module of the Blue Crystal Technology acquired in the same period of the previous year was further increased, which further improved the overall income level of the company. The early release of some LED expansion production capacity increased the company's capacity supply capacity, and further reduced the average cost per unit of product under the condition of higher overall capacity utilization rate, making the company's gross profit margin reach 33.24%, significantly higher than the same period of the previous year. The overall interest rate has increased by more than 20%.
The increase in revenue and gross profit margin made the company's performance improved significantly during the reporting period, which became the main reason for the company's profit growth in the quarter.
xiaojuzizhi
Ganzhou Green days Biochemical Technology Co., Ltd. , https://www.cn-gangdao.com