The 1Q18 Performance Of Poly, Lehman And Shunchang Ocean Has Their Ups And Down.
- Apr 20, 2018 -

In the first quarter of 2018, the report continued in the first quarter of 2018. Yesterday evening and morning, three companies disclosed a quarterly report, which were Shunchang, Shion optoelectronic and Lehman shares. Of them, only Shunchang achieved net profit growth and Lehman net profit fell compared with the same period of last year. Attenuation.


In the first quarter of 2018, Shunchang realized its operating income of 910 million yuan, up 39.99% from the same period, and the net profit attributable to the shareholders of listed companies was 89 million 780 thousand yuan, up 40.70% over the same period.


Shunchang said the company's total profits, net profit, net profit, net profit belonging to the owner of the parent company and minority shareholders increased by 49 million 904 thousand and 700 yuan, 39 million 748 thousand and 200 yuan, 25 million 972 thousand and 700 yuan and 13 million 775 thousand and 500 yuan respectively in 1-3 months of 2018, which were increased by 45.31%, 44.68%, 40.70% and 54.76%, respectively, compared with the same period of the previous year, mainly for the company's various industries. Business performance is good, especially LED business with the production capacity, profits contributed significantly.


In addition, Shunchang, Australia, 2018 1-6 months is expected to belong to shareholders of listed companies net profit is positive and does not belong to the situation of turning losses into profits.


It realized 115 million yuan in the first quarter of 2018, down 21.16% from the same year, and the net profit belonging to the shareholders of the listed company was 2 million 450 thousand yuan, down 89.11% from the same year.


The company's performance in the first quarter of 2018 fell sharply in the first quarter of 2018. The unit price of the company's main product declined significantly compared with the same period of last year, resulting in a decline in the business income. Secondly, the Suqian subsidiary is in the project construction period, and the operating costs and management costs have increased considerably; in addition, because of the people. The change of the exchange rate against the US dollar has an impact on the purchase and sale business of the foreign currency settlement. The current exchange loss has increased substantially over the same period last year.


According to the announcement, the net profit in the first half of 2018 is expected to continue to decline sharply in the first quarter of 2018. The main factors are as follows: 1. The unit price of the main products of the company is expected to decline continuously in the first half of 2018 and the business income will fall, and the capacity of the company's expansion project has not been released yet. It is expected that the change of business cost is not large; (2) Suqian is in the project construction period, and it is expected that the operating cost and management cost will increase considerably. As the scale of the company expands, the bank loans will increase significantly, and the financial cost will be increased significantly.


Lehman shares achieved 152 million yuan in the first quarter of 2018, a year-on-year increase of 9.09%, and the net profit attributable to shareholders of listed companies was 697 thousand and 400 yuan, down by 91.96% over the same period.


In the reporting period, Lehman said the company continued to expand the domestic and foreign market of the traditional LED business. In February 2018, the company signed a major contract with the British customer CC (2018) MEDIA LIMITED (Chinese Name: CC (2018) Media Co., Ltd.). The smooth implementation of this contract will have a positive impact on the future business performance of the company.


According to the announcement, Lehman will focus on the high-tech LED industry. It will focus on the technology update and market promotion of the COB small space LED display panel, and promote the financing of the non public issuance of the stock, use the capital operation mode flexibly, and continue to increase the investment in the field and expand the existing capacity. At the same time, we should explore and optimize the sports business mode and product content, and strengthen the development of business interests in football field.