Aoyang Shunchang released its 2011 financial report. The company achieved a total operating income of 1.83 billion yuan, a year-on-year increase of 50.37%; operating profit of 170 million yuan, an increase of 26.16%; net profit attributable to owners of the parent company was 99,993,100 yuan, compared with the same period last year. The increase was 21.44%. In 2012, the company plans to achieve a net profit of 120 million yuan for the parent company.
Aoyang Shunchang LED business will start from the epitaxial film and chip link, develop in the right and downstream, and gradually expand the coverage in the industry chain. In the future, together with the current metal logistics distribution business, it will become the two main lines of the company's development. At present, the company's LED epitaxial wafer and chip project aims to adapt to market changes. In addition, considering that the market for red and yellow LEDs is less new, the technical barriers are relatively low, and the competitive pressure is relatively small, which is conducive to the growth of the company's LED projects. The company plans to put into production some red and yellow LED epitaxial wafers and chip products. At present, the company has prepared for hardware conditions and technical reserves, and plans to allocate a certain proportion of red and yellow light equipment in the first batch of production capacity of LED projects.
The company's 2012 Q1 total operating income was 447 million yuan, up 24.57% from the previous year's 359 million yuan; net profit attributable to shareholders of listed companies was 22.14 million yuan, down 21.47% from the previous year's 28.19 million yuan; basic earnings per share 0.0607 yuan, a decrease of 21.47% from 0.0773 yuan in the previous year.
The company expects net profit for the first six months of 2012 to be 52.85 million yuan, an increase of 30% over the same period of the previous year. Aoyang Shunchang said that under the current economic environment, the company's various businesses are operating normally, and the expected performance remains stable with a slight increase. .
Aoyang Shunchang LED business will start from the epitaxial film and chip link, develop in the right and downstream, and gradually expand the coverage in the industry chain. In the future, together with the current metal logistics distribution business, it will become the two main lines of the company's development. At present, the company's LED epitaxial wafer and chip project aims to adapt to market changes. In addition, considering that the market for red and yellow LEDs is less new, the technical barriers are relatively low, and the competitive pressure is relatively small, which is conducive to the growth of the company's LED projects. The company plans to put into production some red and yellow LED epitaxial wafers and chip products. At present, the company has prepared for hardware conditions and technical reserves, and plans to allocate a certain proportion of red and yellow light equipment in the first batch of production capacity of LED projects.
The company's 2012 Q1 total operating income was 447 million yuan, up 24.57% from the previous year's 359 million yuan; net profit attributable to shareholders of listed companies was 22.14 million yuan, down 21.47% from the previous year's 28.19 million yuan; basic earnings per share 0.0607 yuan, a decrease of 21.47% from 0.0773 yuan in the previous year.
The company expects net profit for the first six months of 2012 to be 52.85 million yuan, an increase of 30% over the same period of the previous year. Aoyang Shunchang said that under the current economic environment, the company's various businesses are operating normally, and the expected performance remains stable with a slight increase. .
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