LED market competition intensified Lianjian Optoelectronics Q3 net profit fell by 30%

Affected by the complex macroeconomics at home and abroad and the intensified market competition, Lianjian Optoelectronics' revenue growth slowed in the third quarter, and gross profit margin decreased slightly. From July to September 2012, the company achieved operating income of 141.24 million yuan, an increase of 2.52% over the same period of last year. The net profit attributable to shareholders of listed companies was 8,862,700 yuan, a decrease of 30.20% compared with the same period of last year. The basic earnings per share is 0.12 yuan.

From January to September 2012, the company realized operating income of 365.751 million yuan, an increase of 5.94% over the same period of last year; net profit attributable to shareholders of listed companies was 23.39 million yuan, a decrease of 25.99% compared with the same period of last year.

During the reporting period, Lianjian Optoelectronics actively prepared for the operation of the holding subsidiary Linkage Culture (Beijing) Co., Ltd., renovated the office space, recruited talents to set up a management team, and laid out a nationwide synchronous broadcast of the outdoor LED media network, which is planned to be launched nationwide in early 2013. Achieve 100 screens. During the reporting period, Linkage Culture (Beijing) Co., Ltd. was newly incorporated into the company's consolidated scope for the current period, but the company is in the preparation stage, with more operating expenses and no revenue, which has a certain impact on the company's net profit.

Looking into the future, the company will continue to promote product research and development, provide more competitive products; actively carry out marketing, provide customers with faster, more efficient and integrated professional services; steadily carry out the implementation of fund-raising investment projects for the company's development Provide more powerful support. At the same time, actively promote the operation of the subsidiary company Linkage Culture (Beijing) Co., Ltd., bringing new growth points to the company's profits.

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