Announcements indicated that turnover and gross margin of LED lighting
business declined due to weak global demand and fierce competition in LED
lighting industry, it is expected that he consolidated results for the year
ended 31st March will appear substantial loss, making the company to make
greater provision for impairment loss in respect of property, plant and
equipments.
Neo-Neon said that the market has not fully opened in 2012, the entire LED industry is currently caught in a structural crisis of overcapacity; Group has been expanding business in mainland China and overseas markets in recent years, due to deterioration of the economic environment, the company decided to conduct collocation and provision for non-performing assets, so it suffered operating loss in last year.
Announced The Siege, a rugged, cordless, alkaline battery-powered LED lantern designed for a wide variety of outdoor, safety and scene lighting uses.The Siege offers users five different output modes, including a red emergency SOS signal. With its polycarbonate, glare-reducing cover, the lantern is comfortable to use in close quarters without impacting vision. The Siege’s four white LEDs feature High, Medium and Low modes, while its red LED includes High and SOS settings. Users can easily change the light beam color or output modes by depressing and holding the on/off button for short sequences. A recessed power button prevents users from turning the light on or off accidentally.
Neo-Neon said that the market has not fully opened in 2012, the entire LED industry is currently caught in a structural crisis of overcapacity; Group has been expanding business in mainland China and overseas markets in recent years, due to deterioration of the economic environment, the company decided to conduct collocation and provision for non-performing assets, so it suffered operating loss in last year.
Announced The Siege, a rugged, cordless, alkaline battery-powered LED lantern designed for a wide variety of outdoor, safety and scene lighting uses.The Siege offers users five different output modes, including a red emergency SOS signal. With its polycarbonate, glare-reducing cover, the lantern is comfortable to use in close quarters without impacting vision. The Siege’s four white LEDs feature High, Medium and Low modes, while its red LED includes High and SOS settings. Users can easily change the light beam color or output modes by depressing and holding the on/off button for short sequences. A recessed power button prevents users from turning the light on or off accidentally.
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