LED car light orders, the second half of the second half of the operation will be better than the first half of the first half of the year

Li and Qing first quarter gross margin decline, cost increase, single season profit performance below expectations, the second quarter into the off-season, the legal person estimated operating downturn, but the third quarter from the first half of the first half of the new goods delivery 6~7, the second half of the operation is expected to be better than the first half of the year.

The first quarter revenue of Li and Qing Dynasty was 1 billion 59 million yuan (New Taiwan dollar, the same below), the quarterly decrease 24.4%, the annual increase of 3.7%, slightly lower than expected, the main Chinese domain automobile bought Shanghai small system, the customer name changed, the invoice amount could not be successfully entered, and the new product ratio was greatly reduced, the single season gross interest rate was 18.38%, and the research and development costs were promoted and the cost rate was 13.41%, Higher than 10.19% in the same period last year, the post tax surplus was 54 million yuan, a quarterly decrease of 5, an annual decrease of 36.3%, and a surplus of 0.8 yuan per share.

The second quarter is the traditional off-season, the legal person estimates 5, June revenue is still weak, the single quarter revenue falls on 880 million yuan, and the LED purchase is mainly in the dollar valuation, the dollar appreciation is unfavorable to the import cost, plus the mainland inflation, the single season profit will come to the bottom of this year.

In the third quarter of Li and Qing, we began to deliver the new products in the second half of the year, with 6~7 new products in the second half of the year. The revenue will begin to return to more than 400 million yuan in September. The gross profit is expected to be larger, and the revenue of LED headlights is increased to optimize the product portfolio. The second half of the second half of the profit is significantly better than the first half of the year.

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