The new century photoelectric Q1 in 2008 up to 46% gross margin

Taiwan factory upstream LED epitaxial plant in the new century photoelectric 2008 gross profit margin of 46.7% Q1, EPS NT $1.2, ranking the top of the LED upstream of the factory.

The new century photoelectric chairman Zhong Kuanren announced that the day before, the new century is to epitaxial epitaxial wafer (Wafer) niche into the LED this year, actively into the chip market (Chip on Wafer) chip, gross margin than the 50% to 60% Lei wafer low margin, so the first quarter of the average gross rate is about 46.7%, but has the performance is better than the season. In the new century, it is necessary to maintain high gross margin, so the proportion of its products, LED backlight is not more than 30%.

The company Q1 pre tax surplus of 83 million 460 thousand yuan, pre tax earnings per share of $1.2, an annual growth rate of nearly 38%. In March the new century purchased 3 sets of metal organic chemical vapor deposition (MOCVD) machine, the estimated 4, the month of May the production capacity can be increased from 25 thousand to 40 thousand to the end of the film. With South Korean customers and Taiwan packaging new orders, the new century optimistic about its Q2 performance.

Source: LEDinside