Lunda, East Bay Q2 performance increase, revenue is expected to reach two digit amplitude

LED factory Lunda, East Bay second quarter results, both legal estimates this quarter revenue growth have reached double-digit percentage chance.

Lextar before this year April consolidated revenues of 3 billion 640 million yuan (NT, the same below), more than 10% years, the first quarter net loss of 0.08 yuan per share. Lextar's revenue structure, backlight and the proportion of new products to reach 65%, lighting products accounted for 35%, it is expected that with the adjustment of product structure, the lighting business proportion may be reduced to about 30%. Because the lighting product gross margin is relatively poor, the company's gross margin so there are opportunities to improve.

The new factory has been lextar's trial production, moreover, the Mini LED products are also planning a small amount of production in the second half of next year, estimates of revenue contribution increased gradually.

In addition, the East Bay last year due to asset impairment loss per share of 4.93 yuan last year, in April this year, with revenues of 1 billion 754 million yuan, the first quarter EPS was 0.09 yuan, a smooth turnaround. Corporate earnings, the company performance in June 5, warming.

The East Bay is still in order for international companies operating the backlight lamp main, followed by Europe and related business, as the new development stage of business performance proportion is not high, is expected in the second half of the proportion will gradually increase, and the second half of the overall operating opportunity better than the first half.

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