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LED industry Weekly News Review: Op lighting on the market
There were a lot of big things in the LED industry this week: several companies such as Huacan and Guoxing had their own semi-annual transcripts; after the twists and turns, the lighting company was officially listed on the Shanghai Stock Exchange on August 19; Saudi Arabia Researchers have developed a nanocrystalline material that can quickly convert blue light into white light and so on. The following is a little finishing to readers. There were a lot of big things in the LED industry this week: several companies such as Huacan and Guoxing had their own semi-annual transcripts; after the twists and turns, the lighting company was officially listed on the Shanghai Stock Exchange on August 19; Saudi Arabia Researchers have developed a nanocrystalline material that can quickly convert blue light into white light and so on. The following is a little finishing to readers. â—†Cree Announces Fourth Quarter of 2016 Financial Results Cree announced that as of June 26, 2016, the company's fiscal fourth quarter revenue was $388 million. Compared with the income of $382 million in the fourth quarter of fiscal 2015, it increased by 2%. Compared with the third quarter of fiscal year 2016, an increase of 6%. Calculated by non-US GAAP (Non-GAAP), net income for the fourth quarter of fiscal 2016 was $ 19 million, the fourth quarter fiscal 2015 net loss of $ 21 million. Cree2016 fiscal year total revenues of $ 1.62 billion, compared with fiscal 2015 total revenue of $ 1.63 billion, down 1%. According to non-GAAP, net income for fiscal year 2016 was $88 million, compared to net income for the fiscal year 2015 of $71 million. â—† HC SemiTek first half report card released HC SemiTek first half operating income 612,952,800 yuan, an increase of 41.16%; net profit attributable to shareholders of listed companies 53.1716 million yuan, an increase of 323.02 percent, but excluding non-recurring gains and losses the net profit compared with last year has decreased. â—† Dry photo photoelectric first-half net profit decreased by 125.36% year-on-year. Ganzhao Optoelectronics achieved revenue of 458 million yuan in the first half of 2016, an increase of 107.14% over the same period of last year; net profit attributable to ordinary shareholders of listed companies was -617.48 million, down 125.36 year-on-year. %; net profit attributable to ordinary shareholders of listed companies after deducting non-recurring gains and losses was -24.151 million yuan, down 222.15% year-on-year. â—† Guoxing Optoelectronics' net profit increased by 13.23% in the first half of the year. Guoxing Optoelectronics realized operating income of 1.055 billion yuan from January to June 2016, an increase of 16.36% year-on-year; the net profit attributable to shareholders of listed companies was 94.62 million yuan, an increase of 13.23%. The gross profit margin was 21.15%, a decrease of 0.79 percentage points from the same period of the previous year. â—†Jingke Electronics' semi-annual revenue exceeded 244 million Jingke Electronics on the 18th, released the 2016 semi-annual report, the company achieved operating income of 244 million yuan in the first half of the year, an increase of 262.21%; the net profit attributable to the listed company shareholders was 17.72 million Yuan, a year-on-year increase of 305.29%; gross profit margin was 19.33%, compared with 10.25% in the same period last year. â—† Op Lighting's revenue for the first half of the year was 2.234 billion yuan. Opto Lighting's revenue from January to June 2016 was 2.234 billion yuan, up 22.65% year-on-year; the net profit attributable to shareholders of the parent company was 183 million yuan, up 33.58% year-on-year. â—† Ocean King Lighting achieved a net profit of 1,574,100 yuan in the first half of the year. Ocean King's operating income from January to June 2016 was 333 million yuan, down 3.01% year-on-year; the net profit attributable to shareholders of listed companies was 1,574,100 yuan, an increase of 110.09%. â—† NVC Lighting's earnings are expected to earn 3.7 times in the medium term. NVC Lighting Holdings issued a profit alert based on the preliminary assessment of the Group's unaudited management accounts. The company expects the parent company of the Group for the six months ended June 30, 2016. The profit attributable to owners will increase significantly compared to the same period in 2015, an increase of about 3.7 times.