Overall poor performance of the LED industry Hongli Optoelectronics estimates profit decline in the first half of the year

On July 9, Hongli Optoelectronics released a semi-annual performance forecast. The company expects its performance to decline in the same direction. The net profit attributable to shareholders of listed companies is RMB 27.89 million â€“ RMB 37.18 million, a decrease of 0% - 25% compared with RMB 37,181,300 in the same period last year.

Hongli said that in the first half of the year, the LED industry was still underperforming due to the impact of the international financial crisis. Although the country has successively introduced support policies for energy-saving lighting, the large-scale release of domestic lighting market demand will take time. These unfavorable factors are There was no significant improvement in the first half of 2012.

Hongli pointed out that despite the continuous adjustment of competition strategy, continuous improvement of core competitiveness and brand influence in the first half of the year, Hongli has overcome many difficulties and continuously expanded its market share, further stabilizing the company's leading position in the industry, but in 2012 The net profit for the first half of the year was still a certain decrease compared to the same period last year.

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