The cost of a reverse trend over 80 million Yukui BDO Q1

Elec-Tech Monday evening released results notice, the company expects 2015 loss of 81 million yuan to 98 million yuan, an increase in loss. 2014 loss of 35 million 660 thousand and 700 yuan over the same period.

Elec-Tech said, LED industry due to fierce market competition, LED chip, lighting products prices decline over the same period last year. At the same time, the company LED chip and lighting products production in the first quarter of 2015 has been fully released, but a quarter sales season, low capacity utilization, resulting in fixed costs is not diluted, the manufacturing cost of the product is higher than the level of the previous year. And product structure changes. Display products LED high gross margin of the proportion of total operating income decline, down 15% from the same period last year to about 3%; LED chip products of small household electrical appliances, lower gross margin accounted for the proportion of sales revenue increased by 66% over the same period last year to approximately 70%. The reasons for the increase in the company's losses.

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