Readjustment of the product mix, alflin's May camp recovery

LED packaging plant Edward faded out of low profit PLCC last year and actively adjusted its product portfolio, extended module products and vehicle lighting applications, with a mild improvement in operation. In May this year, the revenue station was 252 million yuan (NTD, the same), the monthly increase of 23%, the annual increase of 30.7%, a new high of nearly 14 months. In the first 5 months of the year, revenue increased by 1.56%. The second quarter revenue is likely to increase slightly in the first quarter, and the industry has a chance to continue to make a profit. Full year after tax return to profit.

Ifldson said that last year, because of the transformation of product business, combined with backlighting and less gross domestic product shipments, resulting in a sustained decline in revenue, the gross margin was stable through product portfolio changes and cost control and depreciation. This year, the company will continue to integrate the operating mode from the original components, to the integrated sales model of modules and finished products, to expand the high-order commercial lighting and car lighting services, including daytime lights, car taillights, interior lights and so on.

In addition to the development of new products and shipments by Yangzhou son eon optoelectronic (60%), a joint venture with Han merchants, high power LED packaging components will also add parts and driver on board services, and add sensing and other functions to improve the added value of the product.

At present, the proportion of LED packaging products is about 4, the proportion of modules is more than 5, and other products such as DataLink, such as optical transmission components. In the past, LED packaging components, including high power LED and PLCC (Plastic Leaded Chip Carrier) plastic packaging, accounted for more than 5 of the company's revenue, but the company was out of PLCC in the fourth quarter of 2017 because of low PLCC profits.

Under the rapid impact of industrial competition and market change, iflinson has carried floating load in recent years. In 2017, the revenue fell to 2 billion 586 million yuan, creating a new low of nearly 5 years. Not only the loss of the business, the loss of the PLCC business, the liquidation subsidiary (ryumins), the loss of assets / equipment, the loss of exchange, and the loss of 1. after tax. 55 yuan, 5 consecutive years of loss.

With the improvement of product portfolio adjustment, the first quarter gross interest rate rose to 15.6% in the first quarter of this year, to the new high in the near 6 season, and the single season operating interest was 13 million yuan, but the net profit after tax was 1 million yuan and the earnings of 0.01 yuan per share was 0.01. Although it was the best performance in the nearly 6 seasons, the profit was not much, and the follow-up performance was still to be observed. If there is no accident, this year will turn to profit after tax.

Source: Money DJ

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