Sunshine Lighting released the first quarter report released

Zhejiang Sunshine Lighting Electric Group Co., Ltd. released its first quarterly report for 2013 on April 22. The report mentioned that Sunlight's LED lighting products business has become the main driving force for the company's revenue growth.

Sunshine Lighting's first quarter report showed that the company's revenue in the first quarter of 2013 was 652 million yuan, and the net profit attributable to the mother was 06 million yuan, a year-on-year increase of 12.62. LED lighting business is the main driving force for revenue growth: the company raised funds for LED lighting business last year, and contributed revenue of 364 million yuan in 2012. At the same time, the company won the bid to promote 400,000 and 30,000 LED downlights and street lamps.

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Sunshine Lighting said that the company will build 60 million sets of LED lighting products per year in the headquarters, and with the annual production capacity of 20 million sets in Xiamen, LED lighting production capacity will achieve substantial growth. Relying on the company's domestic sales channels, Sunshine Lighting is expected to comply with the strong demand of the LED lighting market and effectively digest the company's production capacity to continue to drive performance growth.

The EPS for 2013-15 is 0.47/0.58/0.77 yuan. It is estimated that in 2013-15, the company will realize revenues of 37.40/48.05 and 6.059 billion yuan, and achieve a net profit of 3.04/3.72/499 million yuan, a compound growth of 33 in three years.

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