Guangri shares increased net profit by 98% in 2013

Guangri shares (600894) disclosed the 2013 annual report on the evening of the 25th. The company's operating income was 4.079 billion yuan, down 580 million yuan from the same period of the previous year to 4.659 billion yuan; the net profit attributable to the parent company reached 864 million yuan, an increase of 97.82%; Earnings per share was 1.0956 yuan. The company plans not to distribute profits in 2013.

The annual report shows that the company's LED and other emerging businesses have achieved spurt development. Among them, LED business realized revenue of 232 million yuan, which became the company's new performance growth point. According to public information, since last year, the total amount of contracts for the LED business of Guangri shares in municipal engineering, industrial lighting, and export has shown a spurt increase. The total annual contract value has increased from 100 million yuan in 2012 to nearly 1 billion in 2013. yuan.

Guangri shares promotes industrial development through capital operation. The ongoing non-public offering of stock projects will provide financial support for the company's elevators, parts, logistics services, new industry development and nationwide manufacturing network construction.

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