Crystal electric Q2 revenue 1 billion 476 million, the highest in more than two years of single season best profit performance

Table LED crystal power plant announced second quarter earnings last year, actively adjust the operation with closed constitution, the production efficiency of the plant, coupled with the industry, this year the quoted price, demand also showed a positive performance, therefore, the second quarter net income to pay 730 million yuan (NT, the same below) results, is the best performance since the first quarter of 2015.

This year the second quarter EPISTAR revenues of 6 billion 644 million yuan (about 1 billion 476 million yuan), compared with growth of 1.35% over the same period last year, second quarter net income of 730 million yuan (about 162 million yuan), a loss of 1 billion 740 million yuan growth over the same period last year, net income per share for the second quarter (EPS) was 0.69 yuan, with single quarter profit performance look, this is crystal electric since the first quarter of 2015, the best single season earnings performance.

Crystal electric first half revenue was 12 billion 375 million yuan, compared with the same period last year fell slightly to 1.87%, but the overall net income for the first half of 449 million yuan, after tax loss of 3 billion 389 million yuan compared with the first half of last year a substantial growth in the first half of this year, the cumulative net income of 0.42 yuan per share.

For the second quarter and the first half of the growth performance, crystal electric vice president Zhang Shixian said, mainly because the company began to actively adjust the physical operation and reduce operation cost last year, including the closure of the less productive efficiency of the plant, the production line is all concentrated in Hsinchu, Taichung and Tainan factory, in addition, the second half of last year and disposal of idle assets loss, this year has no such burden.

Part of the industry, Zhang Shixian also said that the first quarter of this year the industry is actually operating has picked up last season that foreign exchange losses of about more than 600 million yuan, the second quarter but exchange earnings of about 100 million yuan, the reason is also high performance single season.

The performance of this industry, the blue LED orders and shipment this year are to maintain full performance, Zhang Shixian pointed out, mainly due to growing market lighting needs, and China last year in Taiwan and the mainland are not LED factory expansion moves, new capacity with a little increase, making this year the blue LED market is really good, the blue LED crystal electric shipped six to 70%, among them, lighting and backlight is the main two big demand.

Chairman Li Bingjie at the previous meeting of shareholders pointed out that the first half of the global LED market demand, demand exceeds supply, unfortunately the average selling price is difficult to rise, the third quarter is still in good condition, the fourth quarter may face Chinese new capacity out of the threat, so although the overall market conditions is still in short supply, but the first half of next year pressure.

Li Bingjie said that this year in the general lighting of the fastest growth rate, the backlight demand is still weak, not out of new capacity in the mainland, the overall market demand, but the price is very difficult to upgrade, the third season can also demand, the fourth quarter may encounter new capacity, a threat, the first half of next year the off-season pressure is relatively large.

General manager Zhou Mingjun said that the current lighting orders are in good proportion, about 6, about 3 backlight percent, the third quarter is the backlight season, due to high order LCD products began to import the HDR function, can improve the content of LED, plus CSP LED TV thin drive demand, the third quarter monthly CSP LED shipments increased to 4000-5000 million, compared with the same period last year doubled; in addition, plant lighting also orders in the third quarter volume, will push up four yuan machine show full, expected in August 7, before the orders without fear.

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