Hongli Optoelectronics released its 2012 annual report. During the reporting period, the company achieved a total operating income of 530 million yuan, a slight decrease of 3.46% over the same period of the previous year; realized operating profit of 55.256 million yuan, down 36.63% over the same period of the previous year; realized total profit of 59.619 million Yuan, a decrease of 33.61% over the same period of the previous year; net profit of RMB 50,384,200, a decrease of 32.34% over the same period of the previous year.
According to the company, the main reason for the decline in performance is that the overall performance of the LED industry in 2012 due to the impact of the international financial crisis is still poor, especially the LED lighting market is not as expected. Although the government has introduced relevant policies for semiconductor lighting promotion, it needs to be implemented. Time; the company's domestic channel network has begun to take shape, the market development takes a certain time; the company's relocation and the operating costs of the new industrial park have increased; for technological innovation, the company has increased its R&D investment.
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Shenzhen Macion Optoelectronics Technology Co.,Ltd. , https://www.macion-led.com