Reddike is optimistic about the future development potential of the LED lighting market and continues to expand its production capacity. The new Yangzhou plant, which has been planned for many years, will be launched in September. The revenue growth trend will remain unchanged this year, and it is expected that the combined revenue for the whole year is expected to be 652 million compared with last year. Yuan (New Taiwan Dollar, the same below) will grow by more than 30%.
Radek pointed out that the issue of LED lighting energy conservation is gradually embarrassing, but European debt continues to affect the global economy. Recently, customers have delayed orders, so the combined revenue in June was 71.743 million yuan, a decrease of 6.96%. However, the combined revenue in the second quarter still reached 225 million yuan, a 29.49% increase in the quarter. The current capacity utilization rate is 85%, and the order visibility is about 1~1.5 months. With the third season entering the lighting season and the end of the season, there will be new With the opening of the plant, Redditch is cautiously optimistic about the market outlook for the second half of the year.
After the launch of the new plant in Leidike Yangzhou in September, about 20 machines will be introduced at the beginning. It is estimated that the production capacity of the new plant in Yangzhou will be filled in 5-6 years. By then, the revenue of Yangzhou will reach 2 times of the revenue of the Dongguan plant. The company expects global market share to rise to 50% in three years.
Radek pointed out that the issue of LED lighting energy conservation is gradually embarrassing, but European debt continues to affect the global economy. Recently, customers have delayed orders, so the combined revenue in June was 71.743 million yuan, a decrease of 6.96%. However, the combined revenue in the second quarter still reached 225 million yuan, a 29.49% increase in the quarter. The current capacity utilization rate is 85%, and the order visibility is about 1~1.5 months. With the third season entering the lighting season and the end of the season, there will be new With the opening of the plant, Redditch is cautiously optimistic about the market outlook for the second half of the year.
After the launch of the new plant in Leidike Yangzhou in September, about 20 machines will be introduced at the beginning. It is estimated that the production capacity of the new plant in Yangzhou will be filled in 5-6 years. By then, the revenue of Yangzhou will reach 2 times of the revenue of the Dongguan plant. The company expects global market share to rise to 50% in three years.
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