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Foshan lighting in the first half net profit doubled LED products revenue growth significantly
Time£º2016/8/26 9:54:21

Foshan lighting in late August 24 to disclose semi-annual report 2016, the first half of 2016, the company business income is 1.7556709 billion yuan, up 15.17%; Net profit of 206.9258 million yuan, up 106.39% from a year earlier.

Among them, the first half of the company LED lighting products sales income is 1.0587601 billion yuan, up 42.27% from a year earlier, the traditional lighting products sales income is 684.3323 million yuan, down 10.84% year-on-year. Domestic sales income is 1.1606609 billion yuan, up 10.61% year-on-year, foreign sales income is 582.4315 million yuan, up 25.96% from a year earlier.

Half annual report shows that in terms of sale in domestic market, the company in addition to consolidate the existing distribution wholesale channels advantages, vigorously develop boutique channels, engineering contractor as channels, new sales channels, such as electric business and retail channels, a variety of new sales channels to win a good growth; In June 2016, the company set up the new electrical products, promoting the electrician products, for the electrical products as a new important growth pole of the company's future lay the foundation.

Export aspect, the company continuously optimize layout, market advantage to further consolidate and expand, actively expand strategic market and blank market, adjust the structure of products and customers, strengthen cooperation with big customers. To further increase the intensity of self-owned brand promotion, improve the independent brand market share, in the first half of 2016 FSL own-brand export sales revenue grew by 172% year on year.

In the research and development, the company in 116 series of independent research and development of new products, a total of 365 specifications, these new product sales revenue for the company and bring new profit growth point. In addition, through independent upgrade, import, such as buying company for different production line automation transformation and trial production, to improve the production efficiency, save human resources, improve product quality goal, in the second half of the company will promote the mature automation retrofit scheme, and the more automated production lines.