Ledlink three quarter profit, the lamp is expected to develop into a key project

Table LED Lighting Factory ledlink before the release of the three quarter performance, although the first three quarters of total revenue over the same period last year fell slightly, but in the next single company strategy adjustment, the first three quarters of net income is not only better than the same period last year, the cumulative net profit of 2.26 yuan per share (NT, the same below) to write more under the same period in recent four years, the best level.

Ledlink before the three quarter total revenues of 919 million yuan, gross profit 408 million yuan, gross margin of 44.41%, operating income 139 million yuan, profit rate of camp 15.19%, earnings 129 million yuan, after tax net profit of 117 million yuan, the annual growth rate of 38.85%, the first three quarters of net profit of 2.26 yuan per share after tax.

Before the three quarter of the cumulative profit performance, ledlink the first three quarters of this year net income of 117 million yuan, is the best performance of the company in recent years over the same period, net income of 2.26 yuan per share, is the highest since 2013.

Since this year, Taiwan LED manufacturers performance generally rebounded, mainly due to the mainland market this year price action has slowed down, the new capacity is no longer like a few years ago have opened, therefore, on the market, regardless of price or quantity, have favorable performance this year in Taiwan LED plant.

While ledlink also previously by mainland lighting manufacturers competition, in recent years the company also actively adjust orders strategy, improve product mix, the reaction in the first three quarter earnings, has seen profit growth.

Ledlink through cost control, screening clients, since the second quarter of last year the gross margin rose to 40% above the standard, presented by quarter rise pattern, to this year the second quarter gross margin ascribed to 45.69%, however, the third quarter and one quarter gross margin fell slightly to 43.78%, but still slightly better than the first quarter of 43.68% but because of work, adjust the structure of the product line strategy in the first three quarters of this year, the cumulative average gross margin is still 44.41% of the dazzling performance, it is expected that this year the annual gross margin is expected to level 41.62% than last year.

At present, approximately 45% of the proportion of outdoor lighting application, commercial lighting of about 35%, other (including vehicle) accounted for about 20%, by the end of last year, with about 7% of its car products, automotive products cover car lamp, lamp, lamp and the fog lights, headlights and other automotive products through the LED lens, and light factory make the goods to the car factory, this year is expected to increase the proportion of revenues to about 10%, expected future lamp will development as one of the key operating company project.

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