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East Bay October LED revenue grew 1.3 times over the same period last year

LED packaging plant in the East Bay (2499) released the fourth quarter October revenue, although LED has entered the traditional off-season, but in October the company merged and non consolidated revenue reached 852 million yuan and 872 million yuan, only in September than the decline of 3~4%. The company said, mainly by the backlighting effect of the season and deferred, benefit from including TV, NB and Tablet at the end of the new holiday before making a single demand, especially in Japan and the mainland TV brand factory orders is still strong, so the overall performance in September and October revenue steady, while over the same period last year grew by more than 1.3 times.

The company pointed out that, TV brand in the policy to promote energy-saving subsidies boom, demand is not reduced, plus the next home and abroad and a number of Tablet products listed at the beginning of the fourth season with a single condition compared with previous years is still good, to the end of the year before the estimated demand gradually slow.

Donper said, in addition, the Japanese manufacturers TV panel production cost based on considerations, in fact from the beginning of this year also increased LED backlight to Taiwan on behalf of the factory under a single volume, more recently seen increased market of Japanese large size TV panel demand estimation of large size TV sales season this wave of 60~70 "in the short term will not repose.

Annual revenue from the performance point of view, East Bay express, in TV, NB and Tablet product line needs sync up support, in October this year the cumulative non consolidated revenues of 6 billion 96 million yuan and consolidated revenue of 6 billion 253 million yuan, respectively, exceeding last year's 5 billion 758 million yuan and 5 billion 731 million yuan, annual revenue growth rate can be expected. Legal person pointed out that the East Bay fourth quarter shipments momentum is still good, estimated revenue for the quarter is expected to last season and season performance (non consolidated 2 billion 480 million yuan, with 2 billion 523 million yuan) flat, then the annual revenue performance will grow more than 30% compared to the same period last year.

Market outlook for the next year, the East Bay, this year there are more than 60% LED of output growth kinetic energy from the LED backlight penetration growth, lighting applications market is hot, but this year substantial growth is still lower than the TV backlight applications, mainly from the terminal price and cost has not yet reached the market expectations, and the next industry the electric machine through design innovation to improve product technology and production automation equipment to expand production scale, the first half of next year will see the estimated production costs further reduced sharply, the LED bulb price compared to energy-saving light bulbs (CFL) spread less than 2 times the estimated 2013 LED lighting penetration rate will be copied by a large number of TFT industry LED backlight mode and a sharp rise, which will promote the LED indoor lighting business and output growth.

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