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On the 21st, Philips Lighting disclosed its second quarter 2017 results. The company's Q2 achieved sales of 1.699 billion euros (approximately RMB 13.403 billion), and net income increased by 28.1% from the same period of the previous year to 73 million euros (approximately RMB 576 million). ). In terms of market areas, Europe's growth is strong and the Americas market continues to be weak. The Middle East, Turkey, and especially Saudi Arabia are still challenging. In terms of products, in the second quarter of 2017, Philips Lighting achieved Lamps sales of 458 million euros, LED sales of 426 million euros, sales of professional products business of 668 million euros and sales of household products business of 146 million euros. In the second quarter of 2017, the sales highlights reached 1.699 billion euros, comparable sales decreased by 1.8%; overall LED sales increased by 14%, accounting for 63% of total sales, while the second quarter of 2016 accounted for 53%; Adjusted EBITA was 174 million euros, compared with 161 million euros in the second quarter of 2016; Adjusted EBITA margin was 10.2%, compared to 2016 The second quarter was 9.3%; net income was 73 million euros, compared to 57 million euros in the second quarter of 2016; free cash flow was -27 million euros, and 60 million euros in the second quarter of 2016. In the second quarter of Philips Lighting, the core profit growth was ideal, as the profit growth of the LED lighting and home lighting products business offset the decline in revenue caused by the continued decline of the traditional lighting business. In addition, according to the financial report, the company's sales in the first half of 2017 reached 3.389 billion euros (about RMB 26.732 billion), of which Lamps sales reached 955 million euros, LED sales were 848 million euros, and professional products business sales were 12.89. The sales of 100 million euros and household products business was 294 million euros. In the first half of 2017, the sales highlights reached 3.389 billion euros, comparable sales decreased by 1.3%; overall LED sales increased by 17%, accounting for 62% of total sales, while the first half of 2016 accounted for 52%; Adjusted EBITA was 317 million euros, compared with 282 million euros in the first half of 2016; Adjusted EBITA margin was 9.4%, compared to 9.4% in the first half of 2016. 8.2%; net income reached 134 million euros, compared with 71 million euros in the first half of 2016; free cash flow was -26 million euros, compared with -18 million euros in the first half of 2016.