EPISTAR resorted to "three strokes" at Q3 reverse loss

LED epitaxial single crystal electric to pick leading production, consolidated subsidiary equipment centralized production, change the machine to fill red blue LED supply gap three biggest third quarter turnaround. Legal person optimistic about the short-term physical electricity will improve, three consecutive trading days accumulated over more than 9000.

EPISTAR spokesman Zhang Shixian yesterday (28) said that the chairman Li Bingjie will be the third quarter turnaround as the company hard target, has recently launched a number of specific practices, including equipment production to reduce costs; in addition, last week by the board of directors will be a subsidiary of canyuan and Guangjia merged into a factory, estimated a year can save 400 million yuan, the third quarter is expected to complete the merge operation.

Crystal electricity and actively expand gross profit margin of up to 35% to 40% red LED capacity. Zhang Shixian said, four yuan LED from the second quarter full capacity, supply and demand gap, so to increase the crystal electric capital spending in not, will eliminate the blue light of the old machine change seven, seven become red LED, this platform is expected from the third season to join the production, is expected to increase 20% to 30% capacity.

Zhang Shixian said that the previous crystal electric blue LED because the price is too low and not high after delivery, part of the product price, the third season will start shipping again, is expected in the third quarter operating better than expected in the second quarter, the interest rate will be significantly improved maomao.

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