Huaxing estimated 08 year lamp module revenue growth will reach up to 80%

LED packaging manufacturers Huaxing said, expected 08 years Q1 operation although there will be off-season factors, but the fact is not obvious, is expected to be higher than the previous quarter only slightly reduced from 5% to 6%, and compared with the same period 07 years of growth will be more than 10% to five, and in the light of new orders (including low temperature module products, outdoor advertising lighting and the counter lighting etc.) since the beginning of the Q2 supply volume, the overall performance growth momentum will be significantly more significant, the estimated 08 year revenue growth will be a lamp module up to more than 80%.

Huaxing since December pre tax surplus of 20 million 600 thousand yuan, the annual pre tax surplus of about $07, pre tax earnings of about $2.41 per share ($246 million). Legal person is estimated, in the light of the module product sales growth, Huaxing 08 years total revenue should be at least 30%, while the annual EPS will have more than the strength of more than 3 yuan.

Huaxing spokesman Hou Yuyuan pointed out that 08 years the company will accelerate all kinds of auxiliary lighting products layout, including public space and commercial space lighting, vehicle lighting, outdoor landscape lighting, interior lighting and other modular products, and since Q1 will begin to customer orders, the performance of the investment will be expected Q3 results.

In addition, because the product's market Huaxing evaluation module in order by end of master degree is not weak, in order to meet the following orders to accelerate the amplification of this part of the product demand, also has plans for the new factory in Guangdong Zhaoqing plant expansion separately next is expected to commence in February, before the end of the year completed completed, and joined the ranks of production supply in 09 years that is expected to bring new growth momentum for its operation.

As for the assessment of the impact of the U.S. economic weakness, Huaxing believes that the company sold in the local market application products are non belongs to the consumer electronics field, and most of them belong to one-time jig conforms to the trend of environmental protection for the demand, so expect this part should not be affected too much when the market will weaken the influence of consumption.

Source: Lean news