Taigu estimated Q1 revenue to increase more than 20% children, January performance may have the biggest annual bottom, Q2 high

LED epitaxial plant Taigu said in January by operating equipment output schedule does not meet expectations, failed to fully meet the needs of orders in hand, internal self January revenue roughly to 76 million yuan, more than 10% month minus five, but the annual growth is still around 20%; from the current orders amount more than 85 million yuan level as long as the overall output, the new equipment can keep up with the progress of the expected February revenue will be less than January, while optimistic about March in the mobile phone market demand back to temperature, the results will be significant warming, since Q2 in the blue big inch equipment products into mass production, monthly revenue will also start traveling more than 100 million yuan of history a new record high.

Taigu chairman assistant Liu Sanbao pointed out that the current downstream applications only part of mobile phone seems relatively weak, but the overall orders still belong to the off-season, despite the decline in value of the product pressure still exists, but the market demand continues to enlarge the amount of LED, the overall output will continue expansion, expected annual revenue growth of at least 20% Q1 above, after at the same time, new equipment gradually into mass production in blue and four yuan LED, the performance of the opportunity presented by quarter jumped, full year results annual growth will therefore see 30% yuan a month, and is likely to become a full year performance bottom.

Taigu pointed out that at this stage the performance has not yet reached the internal expectations, not for the problem of single master, mainly because the new equipment output the actual production situation, under the above 1500mcd high order Blu ray products has been a small amount of supply, but there are only 2 sets of equipment in the production of the products, so how to improve the high order products production supply capacity, will be the primary focus of this year's operation.

Source: Lean news