[High-tech LED News] and Hetai (002402) recently released the company's semi-annual financial report. The company achieved operating income of 256 million yuan in the first half of the year, an increase of 17.94%; the company achieved a net profit of 23.24 million yuan in the first half of the year, down 14.13% per share; The income was 0.23 yuan, an annual decrease of 54.9%.
Hetai pointed out that the company's operating income continued to grow steadily and its net profit declined. It was affected by the increase in raw materials and labor costs. In addition, the company was in the business because it invested in the establishment of a Hong Kong subsidiary in the first half of the year and established a LED modern lighting subsidiary. In the investment period, the initial investment also has a certain impact on operating profit.
Hetai had a profit of 36.909 million yuan from January to September last year. It is estimated that the net profit of January-September this year will increase by -20% to 10%. Although the demand for products is good, the company continues to increase investment in the introduction of talents and research and development, and the cost increases, so the net profit is not synchronized with the operating income.
Hetai pointed out that the company's operating income continued to grow steadily and its net profit declined. It was affected by the increase in raw materials and labor costs. In addition, the company was in the business because it invested in the establishment of a Hong Kong subsidiary in the first half of the year and established a LED modern lighting subsidiary. In the investment period, the initial investment also has a certain impact on operating profit.
Hetai had a profit of 36.909 million yuan from January to September last year. It is estimated that the net profit of January-September this year will increase by -20% to 10%. Although the demand for products is good, the company continues to increase investment in the introduction of talents and research and development, and the cost increases, so the net profit is not synchronized with the operating income.
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