[High-tech LED News] Taiwan's New Century Optoelectronics (3383) in April broke through 412 million Taiwan dollars, a monthly growth rate of 5%. The company's monthly performance was significantly better than that of the upstream epitaxial plant, which was mainly driven by the orders of Putian Lighting.
"Beneficial companies are booming, and the quarterly revenue growth rate is expected to exceed 2-3 percent in the second quarter," said the person in charge of the new century.
According to the New Century Financial Report, the company's revenue from January to April was NT$1.45 billion, an annual growth rate of 127%. New Century Optoelectronics and China's central enterprises Futian cooperation lighting orders, mainly including LED bulbs and LED tubes and other products, and will begin volume shipments from May to June 2011, have the opportunity to drive revenue to continue to create a new monthly high.
"In addition to Japan's lighting orders in March, the shipments were driven by orders in April, and the revenue performance was quite bright. The company's second-quarter gross margin is expected to be better than the continued growth in shipments and the decline in sapphire substrate prices. Last season, profitability was optimistic," said the new century.
In the first quarter of 2011, the revenue of the new century was 1.038 billion Taiwan dollars, a 2.3% increase, an annual increase of 137%, a gross profit margin of 23.7%, an operating income of 150 million Taiwan dollars, a 31% decrease from the previous quarter, and a net profit after tax of 128 million Taiwan dollars. It was down 32% from the previous quarter and the after-tax earnings per share was NT$0.64.
"The company has made a big breakthrough in the blue LED technology recently. The luminous efficiency of the 45 mil pure blue chip package is 140-150 lm/w, and the light fading is lowest under the operation of high current." Zhong Kuanren, chairman of New Century Optoelectronics, pointed out recently.
"Beneficial companies are booming, and the quarterly revenue growth rate is expected to exceed 2-3 percent in the second quarter," said the person in charge of the new century.
According to the New Century Financial Report, the company's revenue from January to April was NT$1.45 billion, an annual growth rate of 127%. New Century Optoelectronics and China's central enterprises Futian cooperation lighting orders, mainly including LED bulbs and LED tubes and other products, and will begin volume shipments from May to June 2011, have the opportunity to drive revenue to continue to create a new monthly high.
"In addition to Japan's lighting orders in March, the shipments were driven by orders in April, and the revenue performance was quite bright. The company's second-quarter gross margin is expected to be better than the continued growth in shipments and the decline in sapphire substrate prices. Last season, profitability was optimistic," said the new century.
In the first quarter of 2011, the revenue of the new century was 1.038 billion Taiwan dollars, a 2.3% increase, an annual increase of 137%, a gross profit margin of 23.7%, an operating income of 150 million Taiwan dollars, a 31% decrease from the previous quarter, and a net profit after tax of 128 million Taiwan dollars. It was down 32% from the previous quarter and the after-tax earnings per share was NT$0.64.
"The company has made a big breakthrough in the blue LED technology recently. The luminous efficiency of the 45 mil pure blue chip package is 140-150 lm/w, and the light fading is lowest under the operation of high current." Zhong Kuanren, chairman of New Century Optoelectronics, pointed out recently.
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