Foshan Lighting: Last year, net profit increased by 10.57% This year, we will vigorously develop LED lighting products.

Foshan Lighting recently released its 2011 financial report. The company achieved a total operating income of 2.26 billion yuan, an increase of 15.59% over the previous year's 1.96 billion yuan; an operating profit of 361 million yuan, an increase of 15.26% over the previous year's 314 million yuan; total profit of 355 million yuan. , an increase of 9.53% over the previous year's 324 million yuan; the net profit attributable to the shareholders of the listed company was 292 million yuan, an increase of 10.57% over the 264 million yuan of the previous year. Achieve a post-tax EPS of RMB 0.30.

In 2012, the company's production and operation faced great difficulties. The European debt crisis was raging, the US economy was weak, and the export situation was not optimistic. The domestic monetary tightening continued, real estate regulation continued, economic growth slowed significantly, and market demand fell. Prices continue to be high, which will continue to increase the uncertainty of production and operation. In 2012, the company will adjust the product structure and speed up the development of key products, in particular, increase efforts to develop LED lighting products.

In addition, the company also released the first quarter of 2012 performance report. During the reporting period, the company’s total operating income for the first quarter was 491 million yuan, a 34% decrease from the 519 million yuan of the previous year; the net profit attributable to shareholders of the listed company was 56.93 million yuan, a 15.84% decrease from the 67.64 million yuan of the previous year; The stock return was 0.06 yuan, a decrease of 14.29% over the previous year's 0.07 yuan. (Edit: LEDxume)