Alto Electronics (002587) disclosed the interim report on Thursday evening. In the first half of 2014, the company achieved a net profit of 39.732 million yuan, a year-on-year increase of 22.49%; earnings per share of 0.18 yuan.
From January to June 2014, Alto Electronics achieved operating income of 174 million yuan, a year-on-year increase of 23.92%.
Alto Electronics said that during the period, operating income and net profit increased year-on-year. The main reason was that the company increased its market development efforts, especially the implementation of large-scale projects such as the World Cup. The revenue of LED video display system increased by 42.82% year-on-year to 106 million yuan. The product growth was 133.39%, reaching 13.83 million yuan.
In the semi-annual report, Alto Electronics also expects to achieve a net profit of 43.241 million yuan to 55.034 million yuan from January to September 2014, a year-on-year increase of 10% to 40%, mainly due to the increase in operating income.
From January to June 2014, Alto Electronics achieved operating income of 174 million yuan, a year-on-year increase of 23.92%.
Alto Electronics said that during the period, operating income and net profit increased year-on-year. The main reason was that the company increased its market development efforts, especially the implementation of large-scale projects such as the World Cup. The revenue of LED video display system increased by 42.82% year-on-year to 106 million yuan. The product growth was 133.39%, reaching 13.83 million yuan.
In the semi-annual report, Alto Electronics also expects to achieve a net profit of 43.241 million yuan to 55.034 million yuan from January to September 2014, a year-on-year increase of 10% to 40%, mainly due to the increase in operating income.
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