Foshan Lighting's net profit increased 37% year-on-year last year. Q1 net profit increased 18% this year.

On April 26, Foshan Lighting released its 2012 annual report. During the reporting period, Foshan Lighting achieved operating income of 2.202 billion yuan, down 3% from the previous year; total profit was 472 million yuan, up 33% over the previous year; net profit attributable to the parent company was 400 million yuan, up 37% over the previous year. Realized after-tax earnings per share of 0.41 yuan.

According to the report, Foshan Lighting's annual sales revenue of electric light source was 2.157 billion yuan, down 2.5% from the previous year, of which domestic sales revenue was 1.546 billion yuan, up 12% from the previous year, and export sales revenue was equivalent to about 611 million yuan. The year fell by 26%. According to Foshan Lighting, export sales have declined due to the entry into force of the incandescent lamp ban and the economic downturn in foreign countries.

The report pointed out that the profit distribution plan for the reporting period reviewed and approved by the Foshan Lighting Board of Directors is: based on the total share capital at the end of 2012, a cash dividend of RMB 3.1 will be distributed to every 10 shares of A and B shareholders, and the total dividend will be 303 million yuan. , send bonus shares to 0 shares, not to convert to share capital.

Foshan Lighting said that in 2013, the company's production and operation still faces certain difficulties. The domestic economic growth is expected to slow down. The real estate control policies that have a greater impact on the industry continue to strengthen. The foreign European debt crisis is not over, and the US has crossed the fiscal cliff. The crisis, but the economic situation is still not improving, the export situation is not optimistic; the competition in the domestic lighting industry is becoming increasingly fierce, the average profit rate of the industry is bound to decline; the rising labor and raw material costs will lead to a decline in profits.

Foshan Lighting also released its first quarter 2013 results. In the first quarter of 2013, its accumulated operating income was 546 million yuan, an increase of 11% over the same period of last year. The net profit attributable to shareholders of listed companies was 67.28 million yuan, an increase of 18% year-on-year; Earnings per share was 0.07 yuan.

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Heshan Jianhao Lighting Industrial Co., Ltd. ,