In the new century, the LED chip factory was affected by the poor market sentiment. In the first half of this year, the non-merger business gross loss was RMB 85 million (NTD, the same below), and the gross loss rate was 5.1%, which also caused the after-tax loss to reach 377 million. yuan. The company said that as the Blu-ray capacity reached full capacity in the third quarter and the product mix was effectively improved, the gross profit margin showed a quarter-to-quarter rebound. It is estimated that the gross profit margin in the third quarter will increase substantially, but it will grow substantially. There are still exchange loss variables outside, I am afraid it is still difficult to turn into profit.
The main revenue in the new century comes from blue-light crystals, which account for 60-65% of the revenue, while green light accounts for about 30%. The rest are lighting fixtures. The company said that thanks to the demand for backlights from Japanese TV brand factories, the production capacity of Blu-ray chips has rebounded sharply since the second quarter of the second season, and in the third quarter, it has entered the brand supply chain of mainland smart phones and tablet computers. Granular production capacity was fully loaded in the third quarter, but the green crystal grain was limited by the poor demand for outdoor billboards in the mainland, and the capacity utilization rate was only 50%. However, as the capacity utilization rate improved, the third quarter Gross profit margin is expected to change from 0.64% in the second quarter to a positive value, and it will grow substantially.
The legal person said that although the operating gross loss in the first half of the new century was 5.1%, the gross loss rate in the second quarter has shrunk from 11.42% in the first quarter to 0.64%. Blu-ray capacity utilization rate and product mix continued to improve. It is estimated that the gross profit margin in the third quarter is expected to return to 10-15%. The industry is expected to turn profitable. However, considering the impact of exchange losses in the quarter, the overall situation is still Showing a small loss.
Looking forward to the fourth quarter, the new century said that unlike the previous year, the demand for backlight orders quickly entered the traditional off-season in the fourth quarter. This year's order demand is still straight through to November, and the current Blu-ray capacity is still full, and the lighting order will be in the first place. There will be a new seizure in the fourth quarter, which will drive the overall performance of the fourth season is not weak.
It is understood that the new century will enter the Japanese lighting brand big supply chain in the third quarter, and will continue to ship stably from the fourth quarter. It is estimated that the monthly revenue will reach 50 million yuan. The legal person believes that due to the support of backlight and lighting demand, the fourth quarter of the new century revenue performance is expected to remain in the third quarter peak season (1.046 billion yuan), and if there is no foreign exchange interference, it is estimated that the fourth quarter will turn Loss is profit.
The main revenue in the new century comes from blue-light crystals, which account for 60-65% of the revenue, while green light accounts for about 30%. The rest are lighting fixtures. The company said that thanks to the demand for backlights from Japanese TV brand factories, the production capacity of Blu-ray chips has rebounded sharply since the second quarter of the second season, and in the third quarter, it has entered the brand supply chain of mainland smart phones and tablet computers. Granular production capacity was fully loaded in the third quarter, but the green crystal grain was limited by the poor demand for outdoor billboards in the mainland, and the capacity utilization rate was only 50%. However, as the capacity utilization rate improved, the third quarter Gross profit margin is expected to change from 0.64% in the second quarter to a positive value, and it will grow substantially.
The legal person said that although the operating gross loss in the first half of the new century was 5.1%, the gross loss rate in the second quarter has shrunk from 11.42% in the first quarter to 0.64%. Blu-ray capacity utilization rate and product mix continued to improve. It is estimated that the gross profit margin in the third quarter is expected to return to 10-15%. The industry is expected to turn profitable. However, considering the impact of exchange losses in the quarter, the overall situation is still Showing a small loss.
Looking forward to the fourth quarter, the new century said that unlike the previous year, the demand for backlight orders quickly entered the traditional off-season in the fourth quarter. This year's order demand is still straight through to November, and the current Blu-ray capacity is still full, and the lighting order will be in the first place. There will be a new seizure in the fourth quarter, which will drive the overall performance of the fourth season is not weak.
It is understood that the new century will enter the Japanese lighting brand big supply chain in the third quarter, and will continue to ship stably from the fourth quarter. It is estimated that the monthly revenue will reach 50 million yuan. The legal person believes that due to the support of backlight and lighting demand, the fourth quarter of the new century revenue performance is expected to remain in the third quarter peak season (1.046 billion yuan), and if there is no foreign exchange interference, it is estimated that the fourth quarter will turn Loss is profit.
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