On October 28, eight listed companies, including Jufei Optoelectronics, Xiamen Xinda, Xingyu, Qinshang, Feile, Liard, Changfang Group, and Ganzhao Optoelectronics, released their third-quarter 2017 financial results. These reports provided a detailed look into the performance of each company during the first nine months of the year. Jufei Optoelectronics reported revenue of 1.404 billion yuan for the first three quarters of 2017, marking a year-on-year increase of 33.07%. The net profit attributable to shareholders reached 122 million yuan, up 11.97% compared to the same period last year. The company attributed the growth in operating income to an expanded business scale and increased revenue. Xiamen Xinda achieved revenue of 37.673 billion yuan, a significant rise of 36.18% year-on-year. However, the net profit attributable to shareholders was 96.487 million yuan, showing a slight decline of 0.08%. The company also mentioned that its operating income for the first three quarters was 11.79 yuan, with a notable increase of 85.41% year-on-year, and net profit rose by 106.25%. Qinshang’s revenue increased by 85.41% compared to the same period in 2016, primarily due to the inclusion of Longwen Education’s income in the consolidated financial statements during the reporting period. Liard saw strong growth, with operating income reaching 4.286 billion yuan, up 52.34% year-on-year. Net profit attributable to shareholders surged by 108.57%, reflecting improved operational efficiency and market conditions. Changfang Group reported revenue of 1.329 billion yuan, a 16.82% increase from the previous year. However, net profit dropped by 44.25% year-on-year, indicating challenges in maintaining profitability despite revenue growth. Ganzhao Optoelectronics recorded revenue of 872 million yuan, up 3.55% year-on-year, while net profit jumped by 604.1%. The company highlighted two key factors: the recovery of the LED industry and the expansion of chip production, which led to lower costs and higher gross margins. This contributed to a significant increase in operating and net profits. Feile Audio reported revenue of 6.014 billion yuan, a 20.65% increase over the same period last year. Net profit attributable to shareholders soared by 374.6%. The company cited increased sales in smart city and lighting engineering projects, as well as gains from investments in Huaxin Securities. Xingyu’s revenue reached 3.007 billion yuan, up 31.69% year-on-year, with net profit rising by 34.55%. This reflects steady growth across its core business segments. Overall, the financial results from these companies highlight a mix of strong growth and varying performance levels, influenced by market conditions, strategic decisions, and operational efficiencies.

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