Lextar product portfolio adjustment work, the gross profit margin continued to improve

Lextar Electronics announced 12 first quarter financial report, first quarter consolidated revenue of NT $3 billion 141 million, although the previous quarter revenue fell 5.8%, but with the operating margin continued. The first quarter net profit is positive, since lextar electronics since the first quarter of last year in the industry and the company net profit of synchronization.

2017 first quarter earnings summary

The consolidated turnover was NT $3 billion 141 million, down 5.8% from the quarter

Net profit after consolidated tax is NT $110 thousand

Basic earnings per share reached two profit and loss

Lextar electronics said that although LED industry experienced intense price competition and land plant expansion pressure, but the company in the past year to continue to optimize the product mix, improve production efficiency and cost control efforts, the first quarter gross margin continued to climb, and expect profits to continue to improve by quarter. In addition, although the first quarter loss in the exchange pressure surge in NT, but all efforts still have a surplus, and recently the Lunda not the blind pursuit of revenue growth, actively promote the profitability of business strategies. The future of lextar electronics in addition to improve the profitability of products in the backlight and lighting and other mature business development, will also accelerate the new technology and new application fields, to maintain the company's industrial competitiveness.

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