Moso Power Q3 net profit drop 40% in the future will increase the power to expand the LED drive lighting market

On October 26, Moso Power released its third quarterly report for 2012. During the reporting period, the company's total operating income was approximately 133 million yuan, a decrease of 4.54% year-on-year; the net profit attributable to shareholders of listed companies was approximately 8.21 million yuan, a year-on-year decrease of 39.67%. Earnings per share of 0.09 yuan.

At the same time, Maoshuo Power expects that the change range of net profit attributable to shareholders of listed companies in 2012 will be 485.529 million yuan - 64.470 million yuan, with a range of -10%-20%. In this regard, Maoshuo Power said that according to the company's current orders and cost control, the 2012 annual results were basically flat or have a certain increase compared with the same period of the previous year.

According to the analysis of Maoshuo's power supply, the overall performance of the electronics industry is still not good due to the continued downturn in the global economic environment. This made the company's operating income from January to September 2012, which was 374,346,200 yuan, down 12.92% year-on-year; the net profit attributable to ordinary shareholders was 37,918,400 yuan, down 8.33% year-on-year. On the other hand, the company's LED driver power business business situation has risen steadily. During the reporting period, the sales revenue of Maoshuo Power LED driver power supply increased by 22.61% compared with the same period of last year, and its gross profit contribution rate was 48.56%, which was higher than the same period of last year. 17.98%.

For the future development of LED market drive power, Moso Power will continue to increase efforts to expand the development of domestic and international LED drive lighting quality customers to maintain its good business growth in the LED drive power market. Secondly, by introducing talents and deploying high-precision R&D equipment, we will further increase investment in R&D technology, continuously introduce new patented technology products, improve product reliability, and adhere to customized development routes for high-end customers, in order to fully meet customer product operation and provide timely service. Work hard with demand. Finally, by accelerating the commissioning of new LED drive power production equipment and putting it into normal use, it will meet the demand for large-scale promotion and application of the LED market in the future. At the same time, reduce the comprehensive manufacturing cost through large-scale production to maintain sales of this type of business. The gross profit margin is stable.

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