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Backlight products shipments heating up +MiniLED shipment, Longda future operation is optimistic.

Taiwan LED consistently works in the third quarter of the long run, benefiting from backlighting and lighting module customers continue to pull goods, the monthly revenue is higher, the market is optimistic about the effect of pulling goods in the peak season, the company's revenue in September still has room for upward challenge, and the new products of Longda Mini LED have also started shipping, although the initial delivery volume is still not large, but it will still profit structure. And gross profit margin has a positive effect. On the basis of heating up, yesterday's (25) day intraday share price rose more than 7%.

Since the beginning of this year, the proportion of lighting products shipped by Longda has been mainly dominated by backlight. After entering the third quarter, the shipment of backlight products has been heating up. In August, the revenue has rushed to the highest level this year. The market legal person is optimistic that the company's revenue will continue to rise in September.

In terms of profit structure, the company has shipped orders for lighting fixtures in the first quarter of this year, and has consistently lowered the proportion of lighting products since the second quarter. The company is expected to benefit from improving gross margins. In addition, after July this year, the new product Mini LED has also started shipping.

 

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