MLCC/ceramic substrate orders increased significantly, Sanhuan Group's 2018 net profit increased by 35% in the first half of the year

According to the micro-network news, on July 12, Sanhuan Group released a performance forecast. The company expects the net profit attributable to shareholders of listed companies from January to June 2018 to 537,395,500 yuan - 580,384,300 yuan, up from the same period of the previous year: 25% - 35 %.

According to Sanhuan Group, as the demand for electronic components continues to grow, MLCC products have become in short supply. In addition, the upgrading of automotive electronics, the continuous expansion of LED lighting applications, the development of the Internet of Things and the promotion of smart homes, Pulling the demand for chip resistors, and thus expanding the market space of ceramic substrates, forming a steady growth in market size.

As a result, orders and sales of the company's MLCC and ceramic substrate products increased significantly, making outstanding contributions to the company's profit growth. In addition, the company's mobile phone ceramic appearance parts production capacity gradually released, mobile phone ceramic appearance parts business growth momentum, production and sales Two Wang; The wide application and rapid advancement of Internet of Things technology, driving the market demand for crystal frequency components, the company's ceramic package base in the crystal frequency component market product advantages further expanded, the market share gradually increased, the customer's unanimous recognition. Mobile ceramic appearance parts and ceramic package base products have also contributed to the company's profit growth.

In addition, during the reporting period, the company expects that the non-recurring gains and losses will affect the net profit attributable to shareholders of listed companies by approximately RMB 27.5 million, compared with RMB 61,795,400 in the same period last year.