Taiwan's LED packaging factory Huaxing said that due to the deferred shipments of some orders at the end of April, the consolidated revenue in April fell 10.93% from March, and the pre-tax EPS for April was 0.07 yuan, compared with 0.09 in March. The yuan slightly declined, but still maintains the traditional peak season performance, it is estimated that the peak season effect will continue in May.
Huaxing's LED Assembly accounted for 55% of revenue (including 35% for low-temperature lighting, 13% for indoor lighting, and 7% for backlights). The company said that although its revenue and profit fell in April, its productivity rate From 60~70% in the previous month to 70~80%, the combined gross profit margin has also increased from 26% in March to 28.4%. As the temperature increases, the second quarter and the third season are low-temperature lighting customers (such as Coca-Cola and PepsiCo's industry peak season, so March-September is the company's traditional low-temperature lighting shipment season, so the gross profit margin from May to June is expected to continue to rise.
Huaxing said that since the beginning of this year, the overall LED market conditions are still unclear. The company's orders for packaging components such as LAMP, SMD, and Display have not yet improved, mainly relying on low-temperature lighting and indoor lighting support, and the traditional peak season for low-temperature lighting (Season 2) After the third quarter, the fourth quarter revenue performance may be slightly weaker. Therefore, the company is actively developing indoor lighting channels. At present, it has achieved results in Southeast Asia factory offices and convenience stores. Recently, Taiwan hospitals and The public facilities are subject to the tender and will be actively involved in the bidding.
Huaxing's LED Assembly accounted for 55% of revenue (including 35% for low-temperature lighting, 13% for indoor lighting, and 7% for backlights). The company said that although its revenue and profit fell in April, its productivity rate From 60~70% in the previous month to 70~80%, the combined gross profit margin has also increased from 26% in March to 28.4%. As the temperature increases, the second quarter and the third season are low-temperature lighting customers (such as Coca-Cola and PepsiCo's industry peak season, so March-September is the company's traditional low-temperature lighting shipment season, so the gross profit margin from May to June is expected to continue to rise.
Huaxing said that since the beginning of this year, the overall LED market conditions are still unclear. The company's orders for packaging components such as LAMP, SMD, and Display have not yet improved, mainly relying on low-temperature lighting and indoor lighting support, and the traditional peak season for low-temperature lighting (Season 2) After the third quarter, the fourth quarter revenue performance may be slightly weaker. Therefore, the company is actively developing indoor lighting channels. At present, it has achieved results in Southeast Asia factory offices and convenience stores. Recently, Taiwan hospitals and The public facilities are subject to the tender and will be actively involved in the bidding.
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