M&A + four-wheel drive Liard's performance doubled year-on-year

Liard (300296) released a performance forecast at noon on the 31st. The company expects net profit attributable to shareholders of listed companies in 2015 to be approximately 315 million to 331 million yuan, an increase of 95%-105% over the same period of the previous year.

Liard insisted on focusing on the LED field, which brought continuous high returns to the company's performance. In the past five years, the operating income has increased nearly five times, and the net profit has grown at an average annual rate of 50%. The company's third-quarter earnings report showed that Lied's operating income in the first three quarters of 2015 was 1.124 billion yuan, a year-on-year increase of 55.41%, and a net profit of 185 million yuan, a year-on-year increase of 104%.

The company said that there are two main reasons for the increase in performance: first, the business orders have increased substantially, and the operating income has achieved rapid growth. Second, the synergy effect of the M&A enterprises is obvious. Jinda Lighting has substantially exceeded the 2015 annual commitment profit. Lifeng Culture and Jin Lixiang are from the third. The quarterly consolidated company consolidated statement contributed a large profit, and the US Pingda's December results were consolidated into the consolidated statement; therefore, the current net profit is expected to double.

According to Li Jun, chairman of the Liard Optoelectronics Co., Ltd., the layout of cultural tourism performances and the local government's collaborative development of cultural tourism PPP business is the company's next new profit growth point. Liard will look to the world and continue to move forward with the goal of “the leader of the audio-visual kingdom”.

With the completion of the company's acquisition of Lifeng Culture and Jin Lixiang in early 2015, the company has perfected the company's layout in the media field, and promoted LED display, small pitch, intelligent lighting and the most innovative LED sports media. The business is fully equipped.

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