NVC Lighting announced its 2011 financial report. During the reporting year, the Group's sales revenue increased by 24.9% to US$590 million compared with the same period. The gross profit of sales increased by 10.1% to US$150 million compared with the same period. The profit before tax increased by 19.8% to US$96.65 million. Earnings per share of $ 0.03.
During the reporting period, the gross profit margin of the company's lighting electrical products decreased by 14.7% to US$9.66 million, and its gross profit margin decreased by 3.9% to 16.4% compared with the same period, mainly due to the increase of metal materials, the increase of labor costs and the impact of RMB appreciation. .
The gross profit of NVC brand products increased by 3.7% to USD 110 million compared with the same period, while the gross profit margin decreased by 5.9% compared with the same period. Mainly due to the increase in cost, the gross profit margin of lighting products with a large sales ratio was affected by the increase in the prices of rare earth and metal raw materials. .
In addition, the gross profit margin of energy-saving products decreased by 2.8% to 27.7% compared with the same period, mainly because the T4 and T5 brackets with large sales volume were affected by the price increase of the main materials of metal materials and phosphor lamps, the gross profit margin decreased, and the product structure was adjusted.
According to NVC , in 2012, it will focus on developing countries and regions. Through the development of market-based experienced managers, the company will continue to promote high-growth products such as LED and phosphor-based energy-saving products to seize market share.
During the reporting period, the gross profit margin of the company's lighting electrical products decreased by 14.7% to US$9.66 million, and its gross profit margin decreased by 3.9% to 16.4% compared with the same period, mainly due to the increase of metal materials, the increase of labor costs and the impact of RMB appreciation. .
The gross profit of NVC brand products increased by 3.7% to USD 110 million compared with the same period, while the gross profit margin decreased by 5.9% compared with the same period. Mainly due to the increase in cost, the gross profit margin of lighting products with a large sales ratio was affected by the increase in the prices of rare earth and metal raw materials. .
In addition, the gross profit margin of energy-saving products decreased by 2.8% to 27.7% compared with the same period, mainly because the T4 and T5 brackets with large sales volume were affected by the price increase of the main materials of metal materials and phosphor lamps, the gross profit margin decreased, and the product structure was adjusted.
According to NVC , in 2012, it will focus on developing countries and regions. Through the development of market-based experienced managers, the company will continue to promote high-growth products such as LED and phosphor-based energy-saving products to seize market share.
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ESEN Optoelectronics Technology Co., Ltd, , https://www.esenoptoelectronics.com