Zhou Ming technology released 2017 performance express, the company's total operating income of 302,619.31 million yuan, an increase of 73.33 % over 2016; Operating profit of rmb338.874.78 million, an increase of 90.54 % over 2016. The main reasons for the growth of total operating revenue and operating profit are the continuous growth of domestic small-distance led market to good and overseas sales revenue.
In 2017, continental technologies continued to promote channel upgrading in domestic and overseas markets, continue to strengthen business development, and maintain sustained growth in business performance. On February 27, Zhou Ming technology released 2017 performance express, the company realized a total operating income of 302,619.31 million yuan, an increase of 73.33 % over 2016; Operating profit of rmb338.874.78 million, an increase of 90.54 % over 2016; The main reasons for the growth of total operating revenue and operating profit are the continuous growth of domestic small-distance led market to good and overseas sales revenue.
The total profit realized by the company is rmb356.972 million, an increase of 89.88 % over 2016; The net profit attributable to the shareholders of the listed company was RMB 296,249,900, representing an increase of 77.96 % over 2016.
The main factor contributing to that increase in performance are the follow:
First, the company's main business growth is strong, especially the led small spacing product competitiveness continues to improve, maintain rapid growth;
Second, all subsidiaries that have made performance commitments have completed their performance commitments with high quality;
Third, the exchange loss incurred by the company in 2017 is rmb37,755,870, which has a certain impact on the net profit attributable to the shareholders of the listed company;
Fourth, in pursuit of healthy growth in future performance, the company increased investment in products and channels in 2017.