Hongli Optoelectronics' net profit increased 26% in the first half of the year, earnings per share was 0.38 yuan

August 29, 2019

[High-tech LED News] Hongli Optoelectronics (300219) announced the 2011 semi-annual report on the evening of the 23rd. The company achieved operating income of 273 million yuan in the first half of the year, an increase of 36.73% over the same period of the previous year; the total profit was 49.32 million yuan. In the same period of last year, it increased by 39.07%; net profit was 37.18 million yuan, an increase of 26.10% over the same period of last year, basic earnings per share was 0.3837 yuan, and the weighted average return on equity was 13.07%.

According to the semi-annual report, Hongli Optoelectronics obtained 9 patents in the first half of 2011, and 14 new patent applications, including 1 invention patent application.

The semi-annual report also showed that Hongli Photoelectricity ranked first in the competitiveness of white light LED packaging enterprises for lighting in 2010 issued by Gaogong LED Industry Research Institute (GLII). In May 2011, the company was named “2010 China LED Most Growth Enterprise” and “2010 China LED Top 100 Enterprise”.

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