Ding Ding October consolidated revenue for the first time exceeded 100 million yuan, a record high, Q4 performance is consistently better than Q3

LED packaging manufacturers light single month consolidated revenue target of 100 million yuan finally reached the goal! Since October, the first time the combination of revenue for the first time exceeded 100 million yuan level, hit a single month record high, compared with growth of 7.3% in September, an annual growth of 10.9%, the cumulative total revenue of about $909 million in the previous year in October, an annual growth of 13.47%

Light Ding said the previous September overall volume of orders already exceed the existing production scale, but the actual sales schedule does not meet expectations, in October the pace of shipments turned smoothly, then the merger drives revenue for the first time exceeded 100 million yuan, the highest single month record, is expected to cut new application market in the mainland, effective amplification factory orders, optimistic about this year peak performance will fall in Q4, and this season have new equipment into production, the overall sales continued to perform better than Q3, showing the off-season, annual performance and half compared with the first half showing significant growth.

Light Ding in the mainland in addition to the current layout has entered the stage of Nanjing profit outside the factory, including Guangdong Jiangmen factory, of which the former is the proportion of total revenue, more than 40% monthly revenue of approximately RMB 10 million yuan, the current production capacity has reached full production for low order LAMP products factory in Jiangmen, the current capacity utilization rate at 80% level, the company is evaluating the feasibility of next year in Jiangsu Lianyungang area of construction of the new factory, to further expand the local market demand, but also the internal tendency to move to the full state of Jiangmen plant.

Source: Lean news