Lighting demand driven LED factory season fermentation

LED plant in the second quarter profit season effect fermentation, the great leap forward, pan gecom group's Hong Qi single quarter earnings season increased 1.9 times, Lunda profit season increases as high as five times. Shares in the first half net profit of 2.16 yuan per share to the crown.

LED's gross margin was also significantly higher in the last quarter of the year, from first in the fourth quarter of a quarter of an increase of $21.43%, and the Qi Congdi in the 1 quarter of increased by 14.37%, the two companies have increased by more than five percentage points.

Looking forward to the third quarter, the industry believes that the peak season effect will be more obvious, mainly the strong demand for lighting, expected revenue will rise again, the gross margin trend is upward.

Hong Qi second quarters after tax net profit of $151 million, net profit per share of $0.75, better than expected. After tax net profit of 203 million yuan in the first half, net profit of $1.02 per share, compared with the same period last year, a substantial loss.

Lextar second quarter after tax net income 163 million yuan, net profit per share of 0.32 yuan. Optimistic about the future of the company's LED lighting market booming demand, will spend more than 1 billion 100 million yuan to buy new plants to expand production, from the beginning of the second quarter of the machine installed in the first half of next year to complete the first phase of the production line expansion.

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