About Honglitronic Records Soaring Net Profits in 1Q16

Honglitronic announced its fiscal performance for the first quarter of 2016 jumped at least 110%.

Net profits nearly doubled from RMB 27.27 million (US $4.2 million) during the same period last year to reach at least RMB 57.25 million.

The company’s net profits improved due to better demands in the LED lighting market during first quarter this year, and steady business performance.

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