Changfang Lighting's first quarter net profit fell 9.31 year-on-year
Changfang Lighting announced on April 20th that in the first quarter of 2015, the company achieved a total operating income of RMB 153,671,900.10, a decrease of 23.88 from 201,870,998.02 yuan in the same period of the previous year; the total profit was RMB 8,027,044.14. In the same period of last year, 10,059,696.11 yuan fell 20.21, and the net profit attributable to shareholders of listed companies was 7,316,103.97 yuan, down 9.31 from 8,067,139.25 yuan in the same period of last year. The main reason for the change was that during the reporting period, market competition intensified and product sales prices declined. At the same time, the company made strategic adjustments to the product structure, which affected the output and sales volume of some products, which had a greater impact on the overall performance of the company.
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