Liad achieved a net profit of 30.67 million yuan in the first half of the year, an increase of 12%.

On the evening of August 14, Liard (300296) released the semi-annual report for 2013. In the first half of the year, the total operating income was 273 million yuan, an increase of 7.89% over the same period of the previous year. The net profit attributable to shareholders of listed companies was 30.67 million yuan. The year-on-year growth was 12.19%; the comprehensive gross profit margin was 36.27%, an increase of 3.45 percentage points over the same period of the previous year. The basic earnings per share is 0.2 yuan.

Liard said that operating income during the reporting period increased by 7.89% compared with the same period of last year, which was mainly due to the steady growth of LED small-distance TV product revenue and operating income of export business during the reporting period.

According to the report, since May 2013, the company has grown at a faster rate. In the first half of 2013, the total number of newly signed and pre-winned projects increased by about 40% compared with the same period of last year. As of July 31, 2013, LED small-pitch TV Signed an order of 157 million yuan.

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