Honglitonic Net Profit Rose in 2013

Honglitronics released their 2013 year performance report on January 15th. The company estimated a net profit of between NT $54.36 million and NT $63.82 million (US $1.8 million and US $2.1 million), YoY increase from 15 percent to 35 percent compared to NT $47.27 million in 2012.

Two main factors lead to growth for the company in 2013. The first is that good demands in 2013 by the LED lighting market released the company’s production capabilities which helped to maintain steady growth for the main business line. The second is that performance from the company’s construction project greatly impacted operation performance.

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