Emerald (831804) recently released a semi-annual report. The report shows that the company's operating income for the first half of the year was 36,913,400 yuan, down 7.79% from the same period of last year; net profit was 316,000 yuan, down 77.78% over the same period of last year.
As of the semi-annual report, the total assets of Emeralds was 99.516 million yuan, an increase of 11.5% over the same period of the previous year. The net assets were 4,796,600 yuan, an increase of 1.51% over the same period of the previous year.
Emerald said that operating income decreased by 7.79% compared with the same period of last year, mainly because the market competition in 2016 was more intense, and the sales volume and unit price of liquid capacitors declined.
According to the data, Zhaoqing Emerald Electronic Technology Co., Ltd. was established in March 2004. It is a professional manufacturer integrating R&D, production and sales of capacitors. Emerald focuses on the development, production and sales of aluminum electrolytic capacitors and is committed to providing the world with superior quality products.
The main products are liquid aluminum electrolytic capacitors, solid aluminum electrolytic capacitors and so on. The company's LED lighting drive power supply dedicated aluminum electrolytic capacitors, its technical level in the domestic capacitor industry is in a leading position.
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