On October 30, Foshan Lighting released its third quarter report. During the reporting period, the company realized operating income of 684 million, an increase of 30.58% over the previous year; the net profit attributable to shareholders of listed companies was 88 million yuan, an increase of 6.6% over the previous year.
The report shows that the ending balance of accounts receivable was 577 million yuan, up 72.84%. According to Foshan Lighting, the increase in sales and the promotion of efficient lighting products should be recovered from the central financial subsidies.
The report shows that the ending balance of accounts receivable was 577 million yuan, up 72.84%. According to Foshan Lighting, the increase in sales and the promotion of efficient lighting products should be recovered from the central financial subsidies.
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