[results] crystal power, Ronda Q3 Lite, October revenue revenue growth slightly

Recently, LED crystal power plant, and the Department announced earnings lextar Lite, the crystal electric and Ronda Q3 profit, while October revenue decline lite.

EPISTAR announced third quarter profit, EPS single quarter amounted to 0.75 yuan (NT, the same below), a total of more than half of total profit, the first three quarters of this year amounted to 1.18 yuan EPS, better than market expectations. The prospect of medium and long term, the company also Mini LED backlight, Mini LED and Micro LED small spacing display, realize the production of multiple subjects, therefore, crystal electric on Friday, nothing to fear from the major shareholders planning the release of shares, stock contrarian closed up 2.28%, to close 58.3 yuan, quite out of the outside world is expected.

EPISTAR and Hongli established four years car regulatory wafer purchase contracts at the same time will also expand Hongli EPISTAR and other business cooperation, with mainland Chinese LED packaging factory expansion body crystal electric independent chip suppliers or beneficiaries.

Lextar third quarter consolidated revenue of 3 billion 167 million yuan, compared with the previous quarter growth of 4.4%, operating margin 15.5%, 3.5 percentage point increase over the same period last year. Third quarter consolidated net income 42 million yuan, net profit margin of 1.3%, representing an increase of 2.2 percentage points over the same period last year, net profit per share of 0.08 yuan.

Lextar before this year three quarter revenue 9 billion 342 million yuan, down 10.6% compared to the same period last year, the first three quarter net income of 91 million yuan, compared with the same period last year loss of 173 million yuan, significantly improved, the first three quarters of net profit per share of 0.17 yuan.

Ronda said that third quarter revenue growth momentum mainly from the backlight application, to continue to work in high order and maintain market competitiveness, product mix adjustment and optimization of lighting applications designed to maintain profit, and to the customization module and the integrated development of lamps with high added value.

Lextar continued development of new technologies and new products, there are a variety of new technology closely with customers including LED, Mini backlight applications and lighting application, face recognition, iris recognition, large touch screen IR module, hope that the future new product revenue is gradually pulled.

The next operation, the third quarter of this year, Anhui Lunda Chuzhou new plant has started, the future of the downstream lamp assembly and part of large packaging capacity will be moved to a new factory, the plant is expected to put into operation before the end of next year.

In addition, MOCVD equipment will be based in Suzhou factory and Taiwan factory in Hsinchu. Hsinchu plant will also be responsible for the production and development of new high order products.

On section 10, October announced the global consolidated revenues of 17 billion 636 million yuan, month minus 11%, minus 14% years. The core business of the terminal market demand is stable, a total of 1 to October of this year on consolidated revenue of 178 billion 30 million yuan, the annual reduction of 4.7%.

Lite pointed out that its optoelectronic products sector in October revenues accounted for 21% of the whole; among them, no visible LED demand continues to grow, LED components share amplification, LED car lighting smooth delivery and Middle East market LED Street expansion driven by the overall shipments, LED related products revenue increased nearly 20%.

Lite and pointed out that the information product revenue accounted for 56%; among them, cloud computing high order server, network equipment power management system and AI smart home equipment power supply products shipment growth driven by the power supply business in October revenue increase of more than 10%, and the storage device sector is the total revenue of 16%.

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