LED decorative lights become the main source of income

Benefiting from the improved production efficiency of chips and packaging, and the increasing demand for LED lighting in the world, the financial indicators such as turnover, gross profit and net profit after tax in the first half of 2010 were significantly higher than the same period in 2009.

The total turnover was HK$730 million, with an annual growth rate of 31.7%; the gross profit was HK$240 million, with an annual growth rate of 51%, mainly due to the increase in sales. As a result, the gross profit margin for the first half of the year reached 33.1%, which was also the same as that of the same period of 2009. rising.

According to Zhen Mingli, LED decorative lights are still the main source of income for the group. In the first half of 2010, the world economy emerged from recession and revived. Orders for LED decorative light products from the United States, China, Asia Pacific (excluding China), Russia and Europe increased.

The company also said that it will continue to expand the LED decorative lighting product market and the LED general lighting market in the future.

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Lishui Trimone Electrical Technology Co., Ltd , https://www.3gracegfci.com