"G20-LED Summit member companies" Hongli Optoelectronics (300219) released a performance forecast that the company expects first-half profit of 2033.19 million-234.599 million yuan, down 25%-35%.
According to the announcement, Hongli Optoelectronics also expects total operating income for the first half of this year to be 309 million-3.34 billion yuan, a year-on-year increase of 20%-30%.
Hongli Optoelectronics said that during the reporting period, the LED lighting market demand was strong, effectively releasing the company's production capacity, and operating income increased to a certain extent, but the product sales price decreased year-on-year, causing the gross profit margin to decline and the operating cost of the new industrial park to rise. Other factors have led to a year-on-year decline in net profit.
According to the announcement, Hongli Optoelectronics also expects total operating income for the first half of this year to be 309 million-3.34 billion yuan, a year-on-year increase of 20%-30%.
Hongli Optoelectronics said that during the reporting period, the LED lighting market demand was strong, effectively releasing the company's production capacity, and operating income increased to a certain extent, but the product sales price decreased year-on-year, causing the gross profit margin to decline and the operating cost of the new industrial park to rise. Other factors have led to a year-on-year decline in net profit.
Copper Lugs,Copper Cable Lugs,Plating Copper Cable Lugs,Copper Tube Terminal Lugs
Taixing Longyi Terminals Co.,Ltd. , https://www.longyiterminals.com