Today, including three security photoelectric, Hua Can photoelectric, Wanrun Technology, Changfang Group, including seven LED companies have disclosed the first quarter of 2017 report.
Among them, San An Optoelectronics in the first quarter of 2017 operating income of 1.99 billion yuan, an increase of 68.90%; net profit of 691 million yuan. The same as the chip giant Huacan photoelectric business profit in the first quarter of 5,455.96 million, an increase of 224.49%; net profit of 80.7801 million yuan, an increase of 681.13%.
Huacan photoelectric that the overall operation of the company in the first quarter in good condition, the overall operating situation steadily upward, with the LED chip industry to pick up and part of the company's new production capacity and technological transformation equipment efficiency, production and sales scale over the same period last year Growth, operating income of 50,641.48 million, an increase of 110.71% over the same period last year. At the same time the reporting period compared to the same period last year added the acquisition of blue crystal technology sapphire business module revenue, and further enhance the company's overall income level. Part of the LED expansion of production capacity in advance to increase the company's capacity to supply capacity in the overall capacity utilization rate of the higher circumstances to further reduce the average cost per unit of product, making the company gross margin of 33.24%, significantly higher than the level of the same period last year, Interest rates as a whole increased by more than 20%. The increase in revenue and gross margin led to a significant improvement in the Company's results during the reporting period, which was the main reason for the company's substantial increase in profit during the quarter.