Crystal January LED shipments and revenue rose, performance in March will be better than in January.

Market rumors crystal electric revenue this quarter will decline more than 30%, plus Citigroup Global Securities under the revised its target price to 82 yuan, resulting in the stock appears continuous whipped chips loose pressure, since the beginning of the year so far since the high cumulative decline has reached 40% five. EPISTAR vice president of Finance Zhang Shixian today (31) morning again clarified, stressed that the company January orders and shipments more than in December last year, revenue at least there will be an increase in the single digits (should be more than 840 million yuan), even this year off-season orders of Q1 assessment also clearly better than the same period last year, also expected this season sales performance will be greatly exceeded yuan Lian Yong, contains arsenic and other 3 companies in the same period last year, total consolidated revenue.

Zhang Shixian pointed out that the growth trend of the internal continued good this year the new LED application, at the same time in response to customer demand growth in new orders under the condition of high brightness, this year four yuan (HUB) production capacity will thus amplified 1 times, as part of the high brightness blue NB backlight, optimistic about the demand this year will accelerate the warming, TV backlight demand also began to prepare for higher order products, accelerate the expansion of production scale, so the overall product sales 08 years will continue to better combination.

Prior to the interior of the crystal has been estimated that this year's Q1 revenue should only be reduced by about 10% compared with the previous quarter. Zhang Shixian said that from the Q1 orders of market conditions, the off-season effect is not very obvious, the main factors influencing the February Lunar New Year holiday, but that performance in February will fall at the end of March, the overall sales performance will be significantly to kinetic energy and temperature, and beyond the January level of performance, therefore, evaluation of Q1 revenue performance will not be as the rumors like that.

Source: Lean news