"G20 LED Summit member companies" Hongli Optoelectronics released its third quarter 2013 results report, the company achieved operating income of 174 million yuan, an increase of 25.48% over the same period of the previous year; net profit of 16.1344 million yuan, an increase of 8.14% over the same period of the previous year.
Hongli Optoelectronics said that in 2013, as the price of LED lighting products continued to decline, the commercial lighting and residential lighting markets developed rapidly, and domestic and international demand increased. The company seized market opportunities and launched a series of high reliability and high quality. LED device products have increased the development of large customers, which has led to a certain increase in the company's sales scale.
In the first three quarters of the year, Hongli Optoelectronics achieved operating income of 492 million yuan, an increase of 24.39% over the same period of the previous year. However, due to the fierce competition in the LED lighting market, the price of LED lighting products continued to fall, and the operating expenses after the company moved into the existing industrial park increased the gross profit margin of the products, and realized a net profit of 39.183 million yuan, a decrease of 18.61% over the same period of the previous year. .
In the first three quarters of 2013, Hongli Optoelectronics invested RMB 2,769,760 in research and development, an increase of 15.58% over the same period of the previous year. During the reporting period, the company obtained 24 patents, including 1 invention patent, and 49 new patent applications. Among them, 4 invention patent applications.
Hongli Optoelectronics said that in the future, the company's LED packaging business will increase the development of large-scale customers of traditional lighting to LED lighting manufacturers, and seek opportunities to cooperate with international manufacturers; LED application products business, focus on undertaking projects The way to open up the domestic market, at the same time, increase the development of foreign markets, especially in emerging markets, and seek opportunities to cooperate with international manufacturers in LED lighting business.
Hongli Optoelectronics said that in 2013, as the price of LED lighting products continued to decline, the commercial lighting and residential lighting markets developed rapidly, and domestic and international demand increased. The company seized market opportunities and launched a series of high reliability and high quality. LED device products have increased the development of large customers, which has led to a certain increase in the company's sales scale.
In the first three quarters of the year, Hongli Optoelectronics achieved operating income of 492 million yuan, an increase of 24.39% over the same period of the previous year. However, due to the fierce competition in the LED lighting market, the price of LED lighting products continued to fall, and the operating expenses after the company moved into the existing industrial park increased the gross profit margin of the products, and realized a net profit of 39.183 million yuan, a decrease of 18.61% over the same period of the previous year. .
In the first three quarters of 2013, Hongli Optoelectronics invested RMB 2,769,760 in research and development, an increase of 15.58% over the same period of the previous year. During the reporting period, the company obtained 24 patents, including 1 invention patent, and 49 new patent applications. Among them, 4 invention patent applications.
Hongli Optoelectronics said that in the future, the company's LED packaging business will increase the development of large-scale customers of traditional lighting to LED lighting manufacturers, and seek opportunities to cooperate with international manufacturers; LED application products business, focus on undertaking projects The way to open up the domestic market, at the same time, increase the development of foreign markets, especially in emerging markets, and seek opportunities to cooperate with international manufacturers in LED lighting business.
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