Sunlord's semi-annual net profit increased by 30% year-on-year, a record high

On the 10th of August, Sunlord Electronics announced that in the first half of 2018, the company achieved operating income of 1.13 billion yuan, an increase of 38.79% over the same period of the previous year; the net profit attributable to shareholders of listed companies was 226 million yuan. In the same period of last year, it increased by 30.20%. Sales revenue and profit reached a record high.

Sunlord Electronics said that in the first half of 2018, the company implemented the 'product development, market development dual-drive mechanism' development strategy, and closer integration of market demand with the company's technological innovation, improving market development and product development efficiency. (Communication, automotive electronics, Internet of Things and modules, etc.) and new product development have made significant progress, further expanding the breadth and depth of the company's product market application, and laying a solid foundation for the company's sustainable development.

With the expansion of market application fields and the expansion of product series, Sunlord's electronic inductor products continue to grow steadily; non-inductive products (wireless charging, transformers, precision ceramics, sensors, etc.), through years of continuous cultivation, market recognition The degree of knowledge and acceptance continued to improve, and its business showed an accelerated development trend. In the first half of the year, the company increased its management and control of expenses and costs. Through management optimization, technical transformation and other measures, costs and expenses were effectively controlled and reduced.