Accumulation of revenue decline in July, revenue growth in the second half is expected to grow

Yesterday (9), the gathering law said, general manager Chen Qikai pointed out that due to the impact of Sino US trade war, the way of placing orders for customers was changed to the volume of orders. Therefore, it was not the same as the peak season effect of the same period last year, but it is still confident of maintaining double-digit growth for the whole year's consolidated revenue.

Cumulative announcement July revenue of 245 million (NTD, the same below), the annual growth rate of 4.21%, but the monthly reduction of 9.96%, the impact of market confidence.

Accumulating second quarter operating results, profit writing nearly 7 years since the single season new high, gross margin 35.3%, compared with the same period last year growth 12.6 percentage points, after tax net profit 89 million yuan, quarter increase 125.3%, compared with the same period last year increased 814.3%, EPS 2.75 yuan.

Chen Qikai pointed out that due to the accumulation of a large number of customers in mainland China, currently affected by the Sino US trade war, the production mode of customers is originally planned production, instead of the production of orders, so the performance of this season's traditional peak season will not be obvious, but will continue to launch the 48 channel small spacing LED drive IC, expand the high Order market performance. Still optimistic about the annual revenue performance, he believes that the annual performance is still expected to pay a double-digit annual growth report card.

The accumulation of legal persons is expected to be affected by the Sino US trade war. It is expected that the combined revenue of this quarter will be slightly higher than that of the previous quarter. In the fourth quarter, due to the Mini LED backlight module, IC's shipping performance will be significantly better than that of this quarter. Therefore, accumulating revenue in the second half of this year will be expected to grow by quarter.

Source: Zhong Shi e Bao

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