Lianjian Optoelectronics' net profit fell 39% last year. Q1 net profit increased 16% this year.
Lianjian Optoelectronics (300269) announced the 2013 annual report on the evening of April 29. In 2013, the company realized operating income of 586 million yuan, an increase of 9.63% over the same period of the previous year; the net profit attributable to ordinary shareholders of listed companies was 162.6669 million yuan. The year-on-year decline was 39.52%. Based on the total share capital of the company on December 31, 2013, the company plans to distribute a cash dividend of 0.30 yuan (including tax) to every 10 shares of all shareholders.
Lianjian Optoelectronics said that after the company acquired the outdoor advertising professional agent time-sharing media in 2014, the linkage culture will serve as the national media landmark outdoor LED advertising network. It will be used as a media platform for the network. Media's mature sales team, management model and customer resources, expand and enhance the advertising sales business of the network. In April, Timeshare Media has signed advertisements for Dongfeng Citroen and FAW Mazda for the network. It is expected that the advertising sales business of the network will be improved quarter by quarter. In order to turn the linkage culture into a profit in 2014, the linkage culture will no longer affect the company's 2014 consolidated statement profit.
On the same day, Lianjian Optoelectronics announced the first quarterly report for 2014. In the first quarter, the company achieved a total operating income of 131 million yuan, a year-on-year increase of 0.73%. The net profit attributable to the company's common shareholders was 4.803 million yuan, an increase of 16.67%.
Lianjian Optoelectronics said that after the company acquired the outdoor advertising professional agent time-sharing media in 2014, the linkage culture will serve as the national media landmark outdoor LED advertising network. It will be used as a media platform for the network. Media's mature sales team, management model and customer resources, expand and enhance the advertising sales business of the network. In April, Timeshare Media has signed advertisements for Dongfeng Citroen and FAW Mazda for the network. It is expected that the advertising sales business of the network will be improved quarter by quarter. In order to turn the linkage culture into a profit in 2014, the linkage culture will no longer affect the company's 2014 consolidated statement profit.
On the same day, Lianjian Optoelectronics announced the first quarterly report for 2014. In the first quarter, the company achieved a total operating income of 131 million yuan, a year-on-year increase of 0.73%. The net profit attributable to the company's common shareholders was 4.803 million yuan, an increase of 16.67%.
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