LED lighting business shenglongda Q1 net profit by 5 times

Taiwan LED manufacturers lextar electronics in May 13th released the first quarter of 2015 earnings. The company's first quarter revenues of 3 billion 502 million yuan (NT, the same below, equivalent to approximately RMB 708 million yuan), quarter by 5%, the annual increase of approximately 8.6%, lower cost, gross margin increased to 15.29%, the annual increase of nearly 2.8 percentage points, operating profit of 187 million yuan (about 37 million 811 thousand and 400 yuan), the annual increase of 2.5 times. The net profit of 163 million yuan (about 32 million 958 thousand and 600 yuan), the annual increase of 5 times the earnings per share of about 0.26 yuan, compared with the same period last year (0.05 yuan) significantly improved.

Looking forward to the second quarter, is expected in the second quarter is expected to continue moderate growth trend. In the backlight application field, the company successfully introduced the crystal grain packaging technology (Flip Chip CSP), and has successfully produced in the first quarter, the second quarter is expected to volume, driven by the growth of large-size TV applications.

Lighting applications, in addition to the LED lamp Lunda continued shipments, ultra-thin flat lamp is also widely used by European brand customers. At the same time, the company actively explore the U.S. market this year, a series of UL certification of light bulbs will be available to the North American brand customers.

In addition, this year also lextar lighting elements significantly enhance the luminous efficiency of SMD and COB packaging products, for customers with less number of teeth LED achieve the same brightness, reduce the cost of lamps. Light engine module for AC direct drive (AC Direct Drive DOB) with lextar Electronics (HV LED) of the high pressure seal, is also one of the highlights of this year lighting component products.

Review of the first quarter of this year, Longda electronic financial deputy general manager Zhang Boyi said that despite the traditional off-season and reduce the number of days limit, but because the LED industry slowly back to temperature, so that the first quarter revenue last quarter and the same period last year and it is still growing, the main growth momentum from the LED lighting products, since the end of last year the international customers to inventory therefore, the ideal order return, all signs back to temperature in the lighting components and finished products.

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