2018 After Annual Net Profit Increased, Lyard 1Q19 Performance Pre-hi

- Feb 28, 2019-

Yesterday (27) evening, lyard has released the 2018 results express and 2019 first quarter results forecast.

The company achieved revenue of 7.7512854 million yuan in 2018, up 19.79 percent year-on-year, according to express.

The net profit attributable to shareholders of the listed company was 126,0475,500 yuan, up 4.19% year on year.

Mr Leyard pointed out that net profit growth was lower than the growth in operating income, operating profit and total profit, mainly due to the impact of deferred income tax at pintar and NP in the us in the same period last year.

In addition, during the reporting period, the company's night tour economic business segment was greatly affected by the policy, resulting in the total revenue and net profit did not reach the growth target at the beginning of the year.

However, the company is still confident to maintain long-term, steady and high-quality growth of the company by increasing investment in the research and development of intelligent display technology, new product development and marketing, constantly increasing the proportion of display business revenue, expanding the global market share and continuing to lead the development of global display technology.

In 2018, the company's new signed orders and new bid-winning orders totaled 11.8 billion yuan, and the growth rate of new signed orders and new bid-winning orders of small-pitch TV was over 40%.

Net operating cash flow of 850 million yuan;

All companies with performance commitments have fulfilled or exceeded their performance commitments.

The company expects to make a profit of 33,493.75 million yuan to 38,060,800 yuan in the first quarter of 2019, an increase of 10% to 25% compared with 30,448.86 million yuan in the same period of last year.

Compared with the same period last year, the main reason for the increase in net profit in the current period was the increase in sales volume and orders, said Mr Leyard.

The company expects that the impact amount of non-recurring profit and loss on net profit in the first quarter of 2019 is about 3 million yuan, which has a small impact on net profit