| |   Management | Member Center | Contact Us RSS facebook google+ twitter linkedin mobile web     CN TW EN

Home > News > Honglitronic Records Soaring Net Profits in 1Q16
March.11, 2016 - 15:51 — judy.lin
  

Honglitronic Records Soaring Net Profits in 1Q16

Honglitronic announced its fiscal performance for the first quarter of 2016 jumped at least 110%.

Net profits nearly doubled from RMB 27.27 million (US $4.2 million) during the same period last year to reach at least RMB 57.25 million.

The company’s net profits improved due to better demands in the LED lighting market during first quarter this year, and steady business performance.

Additionally, the company has recently transferred and sold 15.05% shares in Dong Guan Hardwin, which is expected to affect this quarter’s net profits by RMB 14 million, which will be recorded as non-recurring net profits or losses.

print announcements
Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Philips Lighting to Raise R&D Investment in China San’an Opto to Acquire Wafer Foundry GCS Holdings for US $226M
Related Entries
FEATURED PRODUCTS
XLamp® S Line Horticulture LEDs
New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interest... READ MORE
NEW XLamp® XHP High Density & High Intensity 3V LEDs for Portable Applications
Cree LED delivers superior brightness, light quality and efficiency for portable applications. Our XLamp® LEDs are ideally suited for torch, flashlight, tactical flashlight, head lamp, bike light, weapon light and lantern portable applicat... READ MORE
PRESS RELEASE