The secret of the 19-fold increase in Foshan’s lighting performance in 2016 is the sale of Guoxuan High-Tech stock.

Foshan Lighting disclosed the performance report on the evening of the 19th. In 2016, the company achieved a total operating income of RMB 3,366,454,968.60, a year-on-year increase of 17.03%; the net profit attributable to shareholders of listed companies was RMB 1,077,150,269.70, a year-on-year increase of 1916.92%.

The net profit attributable to shareholders of listed companies was 1.077 billion yuan, a year-on-year increase of 1916.92%; basic earnings per share was 0.8467 yuan. After deducting non-recurring gains and losses (mainly the net investment income of 725.59 million yuan from the sale of Guoxuan Hi-Tech shares), the company's net profit attributable to shareholders of listed companies was 350 million yuan, a year-on-year increase of 133.36%.

In other words, the stock market has gained nearly 730 million yuan! Xiaobian sees it and is drunk!

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