Acer Qi large profits in the first half of the EPS up to 1.01 yuan

LED packaging factory this year, a large profit flip, from last year's loss of Chong Chong, in the first half of EPS reached 1.01 yuan (NT, the same below), second only to the light of $2.16 and a record of $1.99, is expected to expand the parity price.

Qi Qi second quarter single quarter EPS up to $0.75, an increase of 188% in the first half of EPS reached $1.01, significantly better than the same period last year -0.69 yuan.

Hong Qi single season second quarter consolidated revenue of 1 billion 750 million yuan (about 357 million yuan), the annual increase of 54.8%; gross profit 251 million yuan (about 51 million yuan), the annual increase of 325%; from the first quarter of 9.37% gross rate jumped to 14.37%, increased 5 percentage points, to 4 years ago after tax earnings boom; 110 million dollars (about 22 million 449 thousand yuan), representing a loss of 127 million yuan (about 25 million 920 thousand yuan) high turnover; EPS is 0.75 yuan, -0.44 yuan last year significantly improved, compared with 0.26 yuan in the first quarter is also substantial growth of 188%, better than expected.

Wang Qi first half of the cumulative total consolidated revenue of 2 billion 940 million yuan (about 600 million yuan), the annual increase of 46.5%; gross profit 363 million yuan (about 74 million 81 thousand yuan), the annual increase of 333%; gross margin of 12.35%, rose to double digits; after tax earnings of 192 million yuan (about 39 million 183 thousand yuan), EPS1.01 yuan.

Wang Qi said that this strategy is to take high-quality orders, in order to profit as a priority, play the first half of July revenue benefits, although the decline, but the monthly gross margin was again jumped sharply, have the opportunity to close to 20%, the estimated third quarter earnings will be better than the second quarter, rising by quarter operating period.

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