Nationstar Reports Steady LED Revenue Growth in 2014

In a recent financial statement, Nationstar highlighted positive growth during fiscal year 2014.

The company’s revenue growth last year increased 35.07% YoY to RMB 1.54 billion (US $250 million). Net profits also climbed up by 28.13% to RMB 145 million.

Positive developments in the LED industry laid down a steady growth foundation for Nationstar in 2014. Additionally, the company issued its first IPO to acquire necessary funds for further production expansions, which will further boost the company’s production capacity. The company’s revenue and sales will enter a fast growth phase, as these production capacity are released, and the company improves its R&D, quality control, and cost control. These will stimulate revenue and total profitability growth.

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