Dongbei's 2012 net profit of 82.46 million yuan is lower than market expectations

On March 26th, the LED packaging factory Dongbei Board of Directors passed the financial statements last year. Last year, thanks to the significant increase in LEDTV penetration rate, the backlight performance increased by 70% compared with last year, resulting in a consolidated revenue of 7.74 billion yuan last year. 35.02%.

As a result of the capital reduction of the investment company Caijing and the purchase of Guangrong by Jingdian, the one-off recognition and the third-quarter and fourth-quarter respectively recognized the impairment loss, making the net profit after tax last year only 82.465 million yuan, although the previous one The year turned into a profit, but still below market expectations, EPS 0.25 yuan. The board of directors decided to issue a dividend of 0.2 yuan per share from the capital reserve.

The company said that last year's revenue growth was the main kinetic energy for the sales performance of the 3 product lines, including the LEDTV's product penetration rate, the backlight performance increased by 70% compared with last year, while the NB and Tablet products received the international factory. The flat-panel backlight products, although the lighting products shipments and revenues did not increase significantly, but also showed a steady growth trend, which led to a total revenue of 7.74 billion yuan last year, an increase of 35.02%.

Looking forward to the market outlook, Dongbei said that since the fourth quarter of last year, it has entered the low season of the industry. Until the Lunar New Year this year, the order status has obviously increased. It is now seen that some customer TV orders have been returned since March, and also because of China. TV sales during the annual holiday period were better than expected, about 15% higher than the same period of last year. Next, there are new TV stocking seasons for May Day holiday, European and American lighting orders, etc. The LED boom cycle in the first quarter of this year is from January. At the end of the year, it will warm up in February and grow in March. Compared with the performance of 981 million yuan in the same period last year, this year will have a bright growth performance. The legal person estimates that considering the relatively low base period of revenue in the first quarter of last year, it is estimated that the growth rate of the combined revenue in the first quarter of this year will be 60%.

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