The prospect of LED is not short, Lunda Dombey Wang Qi optimistic operation

The Department of Taiwan LED factory Lunda, East Bay second quarter results. Corporate estimates, both the quarter revenue growth has reached double-digit percentage chance; Hong Qi Yin first quarter off-season performance beyond expectations, performance this year of double-digit percentage growth opportunities.

Lextar before this year April consolidated revenues of 3 billion 640 million yuan (NT, the same below), more than 10% years, the first quarter net loss of 0.08 yuan per share. Lextar's revenue structure, backlight and the proportion of new products to reach 65%, lighting products accounted for 35%, it is expected that with the adjustment of product structure, the lighting business proportion may be reduced to about 30%. Because the lighting product gross margin is relatively poor, the company's gross margin has the opportunity to improve. For this season, the company is also optimistic about the operation.

Lunda new plant has been performed the Mini LED trial production, product planning conducted a small pilot in the second half of next year, estimates of revenue contribution increased gradually.

In addition, the East Bay last year due to asset impairment loss per share of 4.93 yuan last year, in April this year, revenues of 1 billion 754 million yuan, the first quarter EPS was 0.09 yuan, a smooth turnaround. Corporate earnings, the company performance in June 5, warming.

Hong Qi not only last year revenue growth, gross profit margin increased significantly, and the turnaround, EPS was 1.12 yuan, in April this year revenue of 1 billion 56 million yuan, annual growth of over 10%, the first quarter EPS was 0.21 yuan, the company optimistic about this year's overall performance.

Legal person pointed out that due to the mainland market pull goods display no significant kinetic energy is strong, Wang Qi second quarter related performance growth momentum may be more conservative. As for the performance of consumer products, the proportion of about 50%, is expected in the second quarter after the performance will be gradually warming.

Hong Qi Guangzhou new factory in April began producing infrared products, the expected future will depend on the customer orders to expand.

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