May 01, 2024

Silan's net profit for the first half of the year was 61.55 million, up 66% year-on-year.

Silan Micro (600460) announced its 2014 semi-annual report on the evening of the 18th. In the first half of the year, the company's total operating income was 871 million yuan, an increase of 16.64% over the same period of 2013; operating profit was 49.64 million yuan, an increase of 191.34% over the same period of 2013. The total profit was 72.04 million yuan, an increase of 89.1% over the same period of 2013; the net profit attributable to shareholders of the parent company was 61.55 million yuan, an increase of 65.8% over the same period of 2013.

In the first half of the year, the operating income of the company's integrated circuits increased by 13.09% compared with the same period of last year. The operating income of the company's discrete device chips decreased by 9.29% compared with the same period of last year, and the operating income of power device products increased by 26.04% compared with the same period of last year. The operating income of LED chips and finished products increased by 68.03% and 145.56% respectively compared with the same period of last year.

Silan Micro expects to achieve an operating income of approximately 1.129 billion yuan in the second half of 2014, which is expected to achieve an operating income of around 2 billion yuan in 2014 (approximately 22% higher than in 2013).

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