Zhaochi's net profit increased by 50% in the first half of 2012, LED capacity doubled in the second half of the year

From January to June 2012, Zhaochi achieved an operating income of 2.45 billion yuan, a year-on-year increase of 56.3%. The net profit was 230 million yuan, a year-on-year increase of 51.2% and EPS of 0.32 yuan. Among them, in the second quarter, the company achieved operating income of 1.42 billion yuan, an increase of 58.5%. The net profit was 120 million yuan, a year-on-year increase of 45.6%, and EPS was 0.17 yuan.

In the first half of 2012, the company's LCD TV realized revenue of 1.92 billion yuan, a year-on-year increase of 65.7%, accounting for 79.8% of the company's total revenue, which is the main source of revenue of the company; the company's new business LED products and accessories realized a total sales income of 95.09 million yuan, of which external income 49 million yuan. Total TV revenue increased by 66%, and LED products sold 0.5 billion yuan.

Looking forward to the second half of the year, with the release of the company's large size and direct-lit LED TV capacity, it will support orders growth in the second half of the year. The 50% growth target for sales is unchanged throughout the year. The company's LED production capacity will be doubled in the second half of the year, and orders will be full. At present, customers have been initially recognized in the three areas of packaging, backlighting and lighting, and are expected to increase in volume in the second half of the year.

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