Dehao Runda released its 2013 results report, net profit dropped by 95%

Dehao Runda released its 2013 performance report. The company achieved operating income of 3.13 billion yuan, an increase of 13.50% over the same period of the previous year; net profit attributable to shareholders of listed companies was 8.826 million yuan, down 94.55% over the same period of last year; basic earnings per share 0.0076 yuan.

In the small household appliance business, in the face of the challenges of continued appreciation of the RMB, rising labor costs and continued shortages, the Small Appliances Division has improved its manufacturing capabilities, enhanced cost control and optimized customer and product structure to enhance competitiveness. The business realized sales income of 1.66 billion yuan, a decrease of 3.47% over the same period of the previous year; gross profit margin was 16.84%, a decrease of 1.55% over the same period of the previous year.

In the LED industry, with the release of the company's chip capacity and further deepening through the integration with NVC channels, the LED industry sales began to exert strength. In 2013, the LED business achieved sales revenue of 1.43 billion yuan, an increase of 42.84% over the same period of the previous year.

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