Billion light in October revenue decline compared with September, lower than expected, LED packaging factory, Baihong ligitek continued climbing only record

LED packaging plant has been released in October revenue from the knot, most of which are showing up kinetic energy is not as expected! Following the East Bay, Hong Qi and Huaxing announced in October revenue since the node number of kinetic energy compared to September recession, rising out of sync after billion light today (6) morning pointed out that its October revenue will decline 991 million yuan compared to September, which is the company's previous 5 months even a record record will be interrupted. In the downstream LED packaging factory in October revenue since the node number on schedule only, and a new high Baihong monthly increase of only 0.23%, ligitek is shipping benefits in the subsidiary amplification of solar cell module, the internal estimate of October consolidated revenue still 9772.

Billion light deputy general manager Liu Bangyan pointed out that the October sales performance is not as expected to stand on the 1 billion yuan level, and compared with September showing decline, mainly due to the internal product sales structure has changed, and part of the traditional application of product orders slowed because the latter factors appear to a certain extent, the scale of the overall revenue reductions; however, overall, Q4 still belongs to the off-season, quarter revenue should continue in the high-end, back light source, the SMD contains the product application demand continued relatively prominent, even in this part next to the Q1 also did not have significantly slowed the situation.

Baihong, benefit from mobile phone market demand continued strong, driven by the SMD product sales booming, plus the LED lamp product shipments in the gradual expansion of the joint sales performance this season is not short off-season, internal assessment of the company, and in November revenue opportunities continue to rewrite the record high, while Q4 is superior to Q3, continued revenue will hit a single the season record. Baihong October revenue of 349 million yuan, the monthly increase of only 0.23%, the annual growth of 47.9%, become a packaging factory continued record revenue highs, the cumulative October revenue of 2 billion 830 million yuan, the annual growth of 21.7%.

In addition, ligitek Accounting Associate Cheng Qingan said, LED's career sales generally steady, the kinetic energy of overall consolidated revenue record high, mainly from solar energy investment ligitek light, in the initial evaluation of subsidiary sales volume gradually expanded, ligitek October consolidated revenue of 164 million yuan will continue better than September continued, a record high, but the actual increase in the number of nodes from the subject.

East Bay October revenue of 308 million yuan, an annual growth of $51%, minus $1.3%, the company said that the month revenue failed to record a new high, mainly due to the upstream material failed to meet the actual needs of the purchase orders. Before the October revenue of 2 billion 575 million yuan in the East, the annual growth of more than last year, the annual revenue of $2 billion 300 million level, estimated total revenue this year will grow by more than 40% over the year.

The other part of the order for Huaxing shipments not as expected and the materials supply factors, the company since the end October consolidated revenues of 102 million yuan, a decrease of approximately 7% in May, the annual increase of 5.1%, the total consolidated revenue of 1 billion 85 million yuan before October, the annual growth of 15.77%.

Wang Qi in October revenues of 313 million yuan, a decrease of about 0.6% in September, the annual increase of 12%, the performance of high kinetic energy as expected before October, total revenues of 2 billion 625 million yuan, the annual increase of 22%.

As for the first three quarters of net loss of $0.47 per share, the company in October, the company consolidated revenue of $135 million in October, an increase of 5.5%, an annual decrease of 13.5%, the cumulative total revenue of $1 billion 346 million in the previous year, an annual decrease of.

Source: Lean news