Longda, Dongbei Q2 performance, revenue range is expected to reach two figures

Taiwan LED factory Longda, Dongbei second quarter results to see an increase, the legal person estimates, both of the quarterly revenue growth has a double digit percentage.

Longda combined revenue of 3 billion 640 million yuan (NT, the same below) in April this year, down more than 10% in the year, and the net loss of 0.08 yuan per share in the first quarter. In Longda's revenue structure, the proportion of backlighting and new products is about 65%, and the lighting products account for 35%. However, it is expected that with the adjustment of the product structure, the proportion of lighting business may fall to about 30%. As the gross interest rate of the lighting products is relatively poor, the company's gross margin has a chance to improve.

Longda's new factory has been in trial production. Furthermore, its Mini LED product is also planned for a small trial production in the second half of the year. It is estimated that the revenue contribution of next year will be improved gradually.

In addition, last year, Dongbei caused a loss of assets, 4.93 yuan per share last year, the combined revenue of 1 billion 754 million yuan in April this year, the first quarter EPS of 0.09 yuan, the smooth turn to profit. Corporate expectations, the company's performance in 5 and June will continue to increase the temperature.

At present, Dongbei still takes the backlight order of the international big factory as the main force, followed by the lamps and lanterns related business in Europe and America. As for the new development business at the present stage, the performance is not high. It is expected that the proportion of the second half of the year will be increased gradually, and the overall operation of the second half of the year is better than the first half of the year.

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