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Sanxiong Aurora 2017 performance report released: net profit has declined
On February 7, Sanxiong Aurora released the "2017 Performance Express", saying that in 2017, the company achieved operating income of 2.266 billion yuan, a year-on-year increase of 19.44%; net profit of 256 million yuan, an increase of 3.67%. On February 7, Sanxiong Aurora released the "2017 Performance Express", saying that in 2017, the company achieved operating income of 2.266 billion yuan, a year-on-year increase of 19.44%; net profit of 256 million yuan, an increase of 3.67%. Note: The data in the table is the company consolidated statement data (unaudited). Sanxiong Aurora said that the factors affecting the business performance mainly include the following aspects: (1) In 2017, the company increased market development and marketing investment, and sales revenue increased year-on-year. . (2) In 2017, due to the increase in raw material prices, the gross profit margin of the company's products decreased year-on-year. (3) In 2017, the government's government subsidy included in the current profit and loss was approximately RMB 31,725,500, a significant increase from the previous year's total of RMB 87.60 million, mainly due to the financial subsidy income received by Chongqing Sanxiong Aurora Lighting Co., Ltd., a wholly-owned subsidiary of the company and the company. About 3 million yuan. The substantial increase in government grants led to a significant increase in non-recurring gains and losses for the company during the reporting period. The impact of the company's non-recurring gains and losses on net profit in 2017 was approximately RMB 40 million.