10L Mechanical Balance Type Gas Water Heater 10L Mechanical Balance type Gas Water Heater YONYAN ELECTRIC GAS TECHNOLOGY CO.,LTD , https://www.yonyanchina.com
LED main business and sports business is expected to promote Alto's performance continues to improve
On March 30, Alto Electronics released its 2016 annual report. During the reporting period, it achieved operating income of 457 million yuan, a year-on-year increase of 55.91%; realized net profit attributable to shareholders of listed companies of 86.284 million yuan, an increase of 302.88%; The income is 0.23 yuan. Comment on the volume of orders, the performance of 2016 increased significantly, and the profitability increased significantly. The LED video display system realized revenue of 260 million yuan, a year-on-year increase of 133.28%, and gross profit margin increased by 12.36 percentage points to 59.63%; LED information release and instructions The system realized revenue of 89.726 million yuan, a year-on-year increase of 0.93%, and gross profit margin increased by 3.1 percentage points to 53.31%. These two components constitute the company's main source of income. The increase in revenue was mainly due to the large increase in overseas orders. The increase in gross profit margin was mainly due to the company's efforts to strengthen research and development, and the new products introduced higher gross profit margins, and the decline in raw material costs also had a certain impact. Overall, the company achieved significant expansion in overseas markets and improved profitability. In 2017, with the new 258 million yuan contract signed by Qianbaihui in the first quarter, and the company continues to expand the new LED market and accelerate the development of sports business, we expect the performance to continue to improve. The LED application business is developing steadily, and the company is constantly opening up the space. The company has accelerated the domestic competitive sports market in which the LED products are docked. It has entered the China Team Series and the Football Association Super Cup and other large-scale events, and is expected to be through equipment leasing, equity marketing, and event operations. Wait for more ways to cash out. In addition, the company continues to invest in mid- to high-end markets such as Asia Pacific, Europe and the United States, and has made new breakthroughs in LED application market expansion in industries such as transportation, high-end retail, high-end conference systems and surveillance systems. Sword refers to the stadium economy, waiting for the market outbreak company to combine the advantages of LED application, information release and instruction system, complete the acquisition of professional lighting engineering construction design company Qianbaihui, and the domestic venue technology leader Zhongzhihua body strategic cooperation, etc. Focus on developing a large-scale sports stadium transformation market with benchmarking significance. In addition, the company and Songhe Capital intend to jointly set up a 600 million yuan sports culture industry merger and acquisition fund, and set up a sports company, the sports industry around the venue economy is expected to heat up.