Dehao Runda released the 2011 annual performance report that the company achieved a total operating income of 3.067 billion yuan last year, an increase of 18.18%; net profit of 405 million yuan, an increase of 107.12%; basic earnings per share of 0.84 yuan. The published performance report shows that the reason for the company's performance growth is the substantial growth of LED's main business profit and government subsidies increased over the previous year.
The company believes that thanks to the increased support from the state and local governments and the continued implementation of energy conservation and emission reduction policies, the demand for LED application products, especially street lighting products, has maintained rapid growth. In addition, with the gradual release of the production capacity of the Dehao Runda fundraising project, the operating income of the company's LED business has increased substantially, and its profitability has continued to increase. The effect of the company's business transformation has gradually emerged.
The company believes that thanks to the increased support from the state and local governments and the continued implementation of energy conservation and emission reduction policies, the demand for LED application products, especially street lighting products, has maintained rapid growth. In addition, with the gradual release of the production capacity of the Dehao Runda fundraising project, the operating income of the company's LED business has increased substantially, and its profitability has continued to increase. The effect of the company's business transformation has gradually emerged.
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