Taiwan factory nine Hao precision 2008 will strengthen the LED substrate products

Recently, the Taiwan passive components upstream manufacturers nine luxury precision (6127) announced the annual results of 2007. In 2007 this year the company's revenue 294 million yuan, 291 million yuan compared to the 06 years of the slight increase in pre tax earnings of 59 million 310 thousand yuan, the annual reduction of 33.84%, earning 40 million 920 thousand yuan, 0.51 yuan EPS. Nine Hao said, 07 years since the company's production capacity and new product transfer, layout, development cost is higher, so a profit decline for 06 years. 07 years the main operating expenses for new product development and LED substrate, operating expenses, the ceramic substrate and the ceramic substrate with HYBRID and car however, new product revenue from 07 in the fourth quarter has been gradually go up, 08 in the first quarter.

Nine Hao pointed out that the effectiveness of the new product LED substrate for the next 08 years will gradually appear, in addition to the first quarter by the appreciation of the erosion of RMB appreciation, the visibility of the order in the second quarter, as well as revenues, profits will be better than the first quarter.

Source: LEDinside