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Zhouming Technology released its 2013 annual report. During the reporting period, the company achieved operating income of 789 million yuan, a year-on-year increase of 29.81; net profit of 39.95 million yuan, an increase of 37.95; the net profit attributable to shareholders of listed companies was 32,917,700 yuan, a year-on-year increase 45.26.
Zhou Ming Technology said that the operating income in the report period increased by 29.81 compared with 2012 in 2013, mainly because the company's production capacity has been fully released with the completion of the Pingshan production base of the company's fundraising project, and UTV, UMESH, etc. The high-end LED display products represented by the series have steadily increased their penetration rate and market share in the market segment, directly contributing to the increase in operating income.
At the same time, during the reporting period, the company achieved resource integration and focus based on the established strategy at the beginning of the year. The overseas market share of LED lighting was further improved, and the lighting performance was significantly improved compared with 2012.
In addition, Chau Ming Technology stated that the total net profit attributable to ordinary shareholders of listed companies increased by 45.26 compared with 2012, mainly due to the increase in sales revenue and the growth of the holding subsidiary Redio.
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