Billion light Q3 operating net profit hit a record high of nearly eight quarter, gross profit margin increased slightly

LED packaging manufacturers billion light announced third quarter revenues 7 billion 582 million yuan (NT, the same below), quarter by 6.14%, the annual increase of 7.19%; operating income 696 million yuan, nearly eight season highs; gross margin of 24.82%, quarter by 0.28 percentage points, the annual increase of 1.42 percentage points; net income 464 million yuan, a single season highs this year season, an increase of 4.03%, the annual increase of 12.07%, earnings per share 1.04 yuan; accumulated before the three quarter revenue of 21 billion 674 million yuan, the annual increase of 1.37%; 24.97% gross margin; operating income 1 billion 752 million yuan, profit rate of 8.09% battalion; net income 1 billion 370 million yuan, the annual increase of 6.2%, earnings per share of 3.08 yuan.

After the exhibition in the future, the market is expected to continue in the peak season, street signs and new products to promote the volume of production, the fourth quarter may have the opportunity to climb the annual peak. Legal person believes that the first three quarters of the profit performance of the light, the earnings per share this year, it is estimated to have a chance to stand firm $4.

Billion light for non Apple mobile phone's largest LED flash supplier, due to Apple's iPhone7/7Plus products equipped with four in one LED flash, is expected to attract other smartphone manufacturers to follow up, billion light is expected to benefit. As for the new company's main production plant, not visible products and automotive LED, is expected to increase by LED lighting penetration in the car, and consumer products for VR, fingerprint identification, iris identification application needs to improve, new capacity in the Ming (2017 years) is expected to further enhance the contribution.

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