Honglitronic Reports Net Profit Increase of 35%-60% for First Half of 2014

Honglitronic released their 2014 half year results on July 2, 2014, reporting an increase in net profit of 35-60 percent from last year. The company expanded production capacity to take advantage of booming LED lighting demands in the second half of 2014. 

Honglitroncs estimates a total net profit attributable to common stockholders of RMB 29.44 million-34.89 million, up 35-60 percent from same period last year. Honglitronic is currently maintaining steady growth for its main business.

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