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Net Profit Of Foshan Lighting At The First Three Quarters Is

Foshan Lighting released report of profit for the first three quarters of this year, the company achieved net profit of 217 million yuan, down 0.69%, the total revenue was 1.588 billion yuan, down 7.83%. The third quarter of this year, the company achieved net profit of 82.5546 million yuan, down 18.03 percent year-on-year, total operating income is 524 million yuan, down 16.57%.  This year,due to the impact of the economic situation at home and abroad, the electric light market is of weak sales, according to market demand and policy-oriented, timely adjustment of product structure and marketing strategy accelerated the development of new energy-saving products, continuous research and development of products and upgrade. The company has set up a special LED Division to focus on the development of new LED products, LED R & D, production and sales of train. The announcement shows that recently the company won the bid for the 2012/2013 financial subsidy of semiconductor lighting products to promote the project, the promotion quota totaling 400,000 . Insiders pointed out that the promotion of the project will play a positive marketing and promotion of the role of Buddha the illuminated semiconductor lighting products sales.
 

    
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