Liard announced on the evening of December 9 that the company expects 2016 profit of 629 million yuan - 695 million yuan, an increase of 90% -110%.
The company disclosed that in 2016, LED small-pitch TV entered the industry outbreak period, and the shortage of raw materials in the third quarter was alleviated. As of the end of November 2016, the new orders exceeded 1.6 billion yuan.
At the same time, with the rise of Nanchang, Wuhan, Maotai, Chifeng, Shangrao and other cities, and the demonstration effect caused by the G20, the “Night Tour Economy†has become an important project in urban cultural construction, which has led to the LED city landscape lighting entering high growth. Period, the company's LED lighting business segment performance increased significantly
In summary, the 2016 annual operating income can achieve and exceed the target of 4 billion yuan, and the net profit for the period can be significantly increased.
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