August performance is good, LED drive IC plant accumulated year-on-year double increase

Accumulating for LED drives IC big factory, accounts for about 9 of the revenue ratio, LED lighting and other revenue accounts for about 1 percent; accumulates in August revenue of 267 million yuan (New Taiwan dollar, the same below), an annual increase of 15.18%, a monthly increase of 8.9%, paid a good report card, accumulated yesterday fell 5.5 yuan, 96.5 yuan, or 5.39%, yesterday foreign capital to buy super, small buy Over 32.

Although the volume of shipments grew significantly last year, the mainland's competitors grew in revenue under price competition, but their profits declined by EPS at 4.07 yuan.

Accumulated in the second quarter of this year, with the strong demand of niche products and European and American customers in the peak season, the single quarter revenue was 841 million yuan, the quarter increased 22.9%, the annual increase of 27.5%. Driven by the growth of the high margin niche product line, the gross profit margin rose to 35.4%, the net profit after tax was 89 million yuan, the quarter increased 125.3%, EPS was 2.75 yuan.

Looking forward to the third quarter, the accumulation points out that because mainland customers are affected by the Sino US trade war, the order is changed from the past stage production to the single mode production, and the quarterly revenue is estimated to decrease by 5% from season to quarter by 5%. The company's estimated revenue in September is expected to be better than that in 7 and August.

Source: Zhong Shi e Bao

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