Liard (300296) disclosed a quarterly report after the close of trading on Wednesday. The company achieved a net profit of 10.6584 million yuan in the first quarter of 2014, a year-on-year increase of 29% and earnings per share of 0.07 yuan.
In the first quarter, the company achieved operating income of 142 million yuan, a year-on-year increase of 28.43%, mainly due to the increase in acceptance projects during the period, and LED small-pitch TV revenue increased by 67.67% compared with the same period of last year.
According to the company, during the reporting period, small-pitch TV orders went out of the industry's seasonal off-season, and the revenue share increased further, driving the overall gross profit margin to improve and boosting the performance during the period.
As of March 31, 2014, the contract balance of the company and its holding subsidiaries that had signed up for the unsettled income was approximately 316 million yuan, of which the contracted amount of LED small-distance TV unconsolidated income was 126 million yuan.
In the first quarter, the company achieved operating income of 142 million yuan, a year-on-year increase of 28.43%, mainly due to the increase in acceptance projects during the period, and LED small-pitch TV revenue increased by 67.67% compared with the same period of last year.
According to the company, during the reporting period, small-pitch TV orders went out of the industry's seasonal off-season, and the revenue share increased further, driving the overall gross profit margin to improve and boosting the performance during the period.
As of March 31, 2014, the contract balance of the company and its holding subsidiaries that had signed up for the unsettled income was approximately 316 million yuan, of which the contracted amount of LED small-distance TV unconsolidated income was 126 million yuan.
Xinxiang Mina Import & Export Co., Ltd. , https://www.mina-motor.cn