Single Cheong Cheong, Huaxing March revenue highs

LED lighting application desk Huaxing (6164) consolidated revenue of NT $158 million in March, an increase of $90%, an annual growth of 75.8%, a record high monthly revenue.

Low temperature lighting products shipped in 2010 benefited from the surge, quickly pulled the proportion of the end product application, statistics first quarter product proportion dropped to 45%, the relevant lighting applications has reached 55%, the main source of growth for low temperature lighting. Huaxing cumulative Q1 combined revenues of 399 million yuan, an annual growth of 57%.

The company data show that low temperature lighting LED applications such as business revenue contribution has exceeded 50%, increased to 55%, which can boost the gross margin.