Dehao Runda announced that the LED business of the first three quarters is ready to go

[High-tech LED News] Dehao Runda recently announced its revenue performance in the first three quarters of 2011. The company achieved operating income of 2.085 billion yuan in the first three quarters, an increase of 6.83% year-on-year; operating profit of 45.414 million yuan, an increase of 10.1% year-on-year; The owner's net profit was 271 million yuan, a year-on-year increase of 21.07%; basic earnings per share was 0.56 yuan / share.

According to the financial report, Dehao Runda's gross profit margin for the third quarter was 21.3%, an increase of 5.8 percentage points year-on-year. However, the company's comprehensive gross profit margin for the first three quarters was 20.1%, down 2.8 percentage points year-on-year. Dehao Runda said that the decline in gross profit margin in the first three quarters was mainly due to the lower gross profit margin in the first half of the year, but since the third quarter, the company's gross profit margin has rebounded.

The financial report also showed that the first three quarters of Dehao Runda's expense ratio was 17.5%, down 2.6 percentage points year-on-year. Among them, the decrease in sales expense ratio contributed a lot to the company, down 4.4 percentage points year-on-year to 5.3%. Dehao Runda said that the decrease in sales expense ratio was mainly due to the fact that the previous year's subsidiary Shenzhen Ruituo sponsored the Shanghai World Expo display rental business expenses of 100 million yuan into sales expenses. If the cost was excluded, the sales expenses increased year-on-year. Mainly due to the company's increased market expansion of LED business.

Dehao Runda said that the main reason for the company's performance growth was that the third quarter was the production and operation season of the company's small household appliance business, the company's LED packaging and lighting capacity gradually released, and the company's government subsidies increased by about 2 in the same period of the previous year. , 3.54 million yuan (after tax).

The announcement also shows that the purchase contracts for 70 and 30 MOCVD equipment signed by Dehao Runda Wuhu Subsidiary and Veeco and AIXTRONAG of Germany will be delivered in batches before the end of 2011. Among them, Wuhu Dehao Runda has received 48 MOCVD equipments, 12 of which have been commissioned and mass production, and the rest of the equipment is in the process of installation and commissioning; Yangzhou Dehao Runda plant is under construction, and it is expected that there will be some in the fourth quarter. MOCVD equipment is on sale.

With the gradual release of the LED chip production capacity of Dehao Runda Wuhu and Dalian Industrial Base, and the market development results of LED lighting and display products gradually appearing, the proportion of the company's LED business in the main business will be further enhanced.

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