National Star Optoelectronics disclosed its first half performance, with total revenue of 1.784 billion yuan, an increase of 46.84% year-on-year

    The arrival of July means the beginning of the second half of the year, and also shows that various industries are about to enter the semi-annual performance report disclosure period. This morning, the first semi-annual performance report of the LED circle was released. NationStar Optoelectronics achieved steady growth in the first half of 2018.

    According to the announcement, in the first half of 2018, National Star Optoelectronics achieved total operating income of 1.784 billion yuan, an increase of 11.72% from 1.597 billion yuan in the same period of the previous year; net profit attributable to shareholders of listed companies was 226 million yuan, compared with 154 million in the same period last year. Yuan increased by 46.84%.

    National Star Optoelectronics disclosed its first half performance, with total revenue of 1.784 billion yuan, an increase of 46.84% year-on-year
    ♦ Main financial data and indicators for the first half of 2018

    The company stated that in the first half of 2018, the complicated economic environment, Sino-US trade frictions, weak macroeconomic growth, continuous in-depth real estate policy regulation, and financial deleveraging, have profoundly affected the development speed and competitive landscape of the LED industry. The company has overcome various unfavorable factors. The business scale continued to expand. Both the parent and subsidiary companies continued to optimize the product structure and increase the proportion of high value-added products. The company's overall operating conditions showed steady growth.

    It is reported that in March, the company won the first prize of Guangdong Science and Technology Progress; in April, the company ranked among the top 10 global LED packaging companies in terms of revenue (as shown in the latest LEDinside report); in June, the company simultaneously released its first Mini in the United States and Guangzhou. LED products lead the industry's "sealing" wave.

    In terms of technology, the company conducts comprehensive and in-depth technical layout and scientific research on forward-looking technologies such as CSP, Micro & Mini LED, ultraviolet and infrared applications, and provides a source of power for the company's sustainable development. In terms of the market, the company's RGB device products have been used in important international events such as the Boao Forum for Asia and the World Cup in Russia. At present, the production scale of upstream LED chip business continues to expand; midstream display packaging continues to consolidate its leading position in the industry, and the white light packaging market ranks among the top three domestic high-end applications; the downstream component business continues to maintain steady growth, and the lighting business continues to move towards the international market.

    In the second half of the year, NationStar Optoelectronics will continue to implement the strategic deployment of “high-precision technology, internationalization of the market, and large-scale production”, continue to leverage the advantages of the coordinated development of the industrial chain, and focus on improving technology research and development, mechanism optimization, scale expansion, and market Exploit other aspects of work and strive to achieve new performance breakthroughs.

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