Nearly 1 billion 800 million of revenues, Ace released results for fiscal year 2017

27, the world's leading semiconductor industry strong deposition equipment supplier Ace (AIXTRON) announced the 2017 fiscal year and 2017 in the fourth quarter of fiscal year performance report.

Ace fiscal year 2017 achieved total revenue of 230 million 400 thousand euros (about 1 billion 780 million yuan), compared with 2016 in fiscal year 196 million 500 thousand euros (about 1 billion 518 million yuan) an increase of 17%; net income of 6 million 500 thousand euros, compared with 2016 in fiscal year 127% growth -2400 million euros.

Among them, 2017 fiscal year fourth quarter revenues of 54 million 100 thousand euros, compared with 2017 in the third quarter of fiscal year 62 million 200 thousand euro fell 13%; net income of 27 million 200 thousand euros, while the net income of 2017 for the third quarter of fiscal year 4 million 300 thousand euros.

On the fiscal year 2017 revenue structure, equipment revenue amounted to 188 million euros, accounting for 82% of total revenue, including 42% MOCVD system equipment revenue from the production of LEDs; accessories and services revenues of 42 million 400 thousand euros, accounting for 18% of total revenue; according to the geographical division of Asia, Europe and America were 13%, 12%, 75% revenue contribution.

Used in the production of vertical cavity surface emitting laser (VCSEL), orange yellow (ROY) driven by MOCVD system and special LED, and power electronics and memory chip continued demand, Ace strong fiscal year 2017 total orders including accessories and services amounted to 263 million 800 thousand euros, compared to fiscal year 2016 rose 17%. Among them, the fourth quarter orders amounted to 65 million 700 thousand euros, compared with the third quarter fell 6%. In addition, Ace fiscal year 2017 gross margin was 32%, compared with fiscal year 2016, an increase of 3 percentage points.

The current structure of the company and estimated orders based on Ace management expects in the US dollar / euro exchange rate is 1.20, the amount of orders and revenue in fiscal year 2018 to achieve 230 million -2.6 billion euros. (compiled: LEDinside Nicole)

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