Kwong Po Shares 2018 And 1Q19 Outstanding Performance Sheet

- Feb 19, 2019-

Yesterday (18) evening, xiamen kwong Po shares disclosed the 2018 annual report and the first quarter of 2019 earnings forecast, the two reporting periods of earnings growth.

According to the annual report, kwong Po stock achieved revenue of 774,505,977.31 yuan in 2018, an increase of 56.34% compared with 495,399,154.82 yuan in 2017.

The net profit attributable to shareholders of the listed company was 118,551,595.61 yuan, an increase of 126.76% compared with 52,280,093.94 yuan in 2017.

Revenue structure by product, the company's main products include LED lighting and related products (LED packaging products, LED backlight module, intelligent iot hardware), FPC products and medical beauty services.

Among them, LED lighting and other realized revenue of 599,118,091.93 yuan, accounting for 77.35% of the total revenue and 30.20% of the gross margin.

FPC(flexible circuit board) realized revenue of 116,590,510.42 yuan, accounting for 15.05% of the total revenue and 30.87% of the gross margin.

Looking ahead to 2019, achieving light shares, said the company will continue to deepen the enterprise culture and management team construction, accelerate the strategy of "great health + consumption" fall to the ground, to focus on the LED intelligent lighting, FPC application (flexible OLED display screen and new energy battery management component), expand the smart home, intelligent medical, health beauty smart union hardware - IOT (AI).

Achieve operating revenue growth of more than 50%, net profit growth of more than 40% of the operating target.

In addition, kwong pui shares is expected to make a profit of 17.8505 million yuan to 21.4205 million yuan for 1Q19, an increase of 50-80% over the same period last year of 11.903 million yuan.

For the pre-increase in performance, the company said that the main reason is that in the reporting period according to the company's strategic layout and annual business plan, LED related business and FPC business will maintain a sustained and stable growth.

In addition, in the first quarter of 2019, it is estimated that the impact amount of non-recurring profit and loss on the company's net profit is about 2 million yuan.