Sunshine Lighting announced the first half of the semi-annual report net profit of 135 million yuan

Sunlight Lighting (hereinafter referred to as "the company") announced the 2014 semi-annual report on the evening of the 18th. During the reporting period, the company realized sales income of 1.524 billion yuan and net profit attributable to shareholders of listed companies of 135 million yuan, deducted from shareholders of listed companies. The net profit of non-recurring gains and losses was 126 million yuan. Compared with the same period of last year, the sales revenue increased by 4.07%, the net profit attributable to shareholders of listed companies increased by 35.05%, and the non-recurring gains and losses were deducted from the shareholders of listed companies. Net profit increased by 88.60%.

The company continues to adhere to the strategy of balanced development of the global market and avoids the risk of fluctuations in a single market. The European market continued its good development trend; after the breakthrough in 2013, the US market continued to grow at a high rate in the first half of the year; the Japanese market in the Asia-Pacific market was relatively high-end, with the addition of internationally influential brand companies in the first half of the year. ODM/OEM customers, Southeast Asia market led by international brands, many customers began to accept relatively good quality of the sun's LED products, and gradually take the initiative to expand the market with LED.

Due to the chaotic quality and cost structure in the Chinese market, Sunshine has basically completed the transformation of all products from traditional lighting to LED lighting in the home and commercial lighting market. At the same time, the proportion of LEDs has increased by more than 70%. As an growth point that began to be cultivated in 2013, the outdoor engineering business achieved good results in the first half of the year, and will grow better in the second half of the year after the multi-provincial/municipal government has introduced clear policies for energy-saving renovation.

Affected by the rapid turn of the overall lighting market to LEDs, the company's energy-saving lamp business has seen a significant decline. As the growth rate of LED business is higher than the industry average, the overall business has achieved a small increase. During the reporting period, LED business revenue reached 648 million yuan, accounting for 42% of revenue. In addition to the rapid growth of LED light source products, the development of LED lighting business has made good progress, and the proportion of lighting products in LED business exceeds 30%. In the future, the proportion of lamps will be further improved in the case of the increasingly integrated trend of light source lamps.

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