On October 20, Guangsheng shares released its first three quarters of 2017. The company's profit for the first three quarters exceeded 44.31 million. On the same day, Silan Micro released the first three quarters of pre-announcement announcements. The announcement showed that the company's net profit for the first three quarters increased. 100%-300%.
Guanghao shares profited 44.31 million yuan in the first three quarters
On October 20th, Guangsheng Co., Ltd. released its first three quarters of 2017 performance report. The report shows that Guangyu shares achieved revenue of RMB 147,358,785.64 in the third quarter, up 60.14% over the same period of last year, and realized the ownership of shareholders of listed companies. Net profit was 17,092,592.28 yuan, an increase of 17.35% over the same period last year. In the first three quarters of the year, revenues totaled 357,926,121.17 yuan, an increase of 58.70% over the same period of last year. The net profit attributable to shareholders of listed companies was 44,310,441.53 yuan, an increase of 47.16% over the same period of last year.
The company said that the third quarter performance growth was mainly due to the continued steady growth of LED lighting and LED packaging, and the growth of FPC revenue.
Silan's net profit in the first three quarters has doubled
On the same day, Silan Micro announced the third-quarter performance pre-announcement, and the net profit in the first three quarters doubled year-on-year. Silan's net profit attributable to shareholders of listed companies from January to September 2017 is expected to increase by 100%-130% compared with 60,637,660.15 yuan in the same period last year.
According to the announcement, in the third quarter of 2017, the company's IC and discrete device products maintained a relatively fast growth in shipments. The chip production line of the company's subsidiary Hangzhou Silan Integrated Circuit Co., Ltd. (hereinafter referred to as "Shilan Integration") remained full. Load production, product structure further optimization, the company and its subsidiary Shilan integration profitability has been further improved. Secondly, the production and sales volume of the subsidiary Hangzhou Silan Mingxin Technology Co., Ltd. maintained steady growth and the profit level remained stable. In addition, the subsidiary's 8-inch chip production line of Hangzhou Silan Group Microelectronics Co., Ltd. has been introduced into mass production, and the output has increased month by month. The chip output in September has reached 10,000. As the 8-inch line has not yet fully reached production, the fixed cost allocation is higher, resulting in a certain amount of loss, which has a certain impact on the company's third-quarter results.
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