Zhongshan A-share companies had all published their Q1-Q3 reports so far. All seven companies achieved “double growth” in operating revenue and net profit (attributed to shareholders).

In the first three quarters, LED technology company MLS’ operating revenue increased 110.79% from a year earlier to 12.35bn yuan. The rapid growth attributes to the successful acquisition of Ledvance and production expansion.

Piano, which is specialized in custom-made furnishings, achieved the second largest year-on-year revenue growth among the seven. The company’s operating revenue rose 40.21% to 777mn yuan. 

Household paper maker C&S achieved a 4.08bn yuan revenue, with a 21.74% year-on-year increase.

The seven companies not only saw rapid growth in revenue, but also respectively achieved over 20% growth in net profit in Q1-Q3 period.