With the strong demand for LED TV backlights, the capacity utilization rate of the Yuanyuan announced a full water level in April, driving the company's non-consolidated revenue in the second quarter to 1.233 billion yuan (NTD, the same below), a 24.1% increase. Yan Yuan said that although the market has weakened doubts in the third quarter, the company's orders are still fully loaded in the third quarter. The demand for backlights and lighting is still strong, and the overall order visibility is at the end of September.
In the first half of this year, the demand for LED TV backlights was boosted, and the capacity utilization rate was fully loaded in April. The monthly revenue also maintained a monthly growth trend. The accumulated revenue in the first six months reached 2.226 billion yuan. The same period last year was flat, and the annual growth rate was first corrected. From the current order status, the third quarter of the backlight orders still maintain strong demand, LED lighting orders will also be warmer than the previous season, the overall order visibility reached the end of September, and even some of the backlight orders can see the fourth season, and No market said that the peak season is not prosperous.
In order to relieve the full capacity of the production capacity, Yu Yuan pointed out that the company will transfer some orders to the subsidiary Yangzhou Yangyang Optoelectronics Co., Ltd. from the second quarter, and at the same time proceed to expand the production to meet the new orders, the company's second The season began with the subsidiary Yangzhou Shengyang actively introducing about 12-15 new MOCVD machines. It is estimated that all new capacity will be successfully opened in the third quarter, and the Taiwan Pingzhen plant will introduce 6 new MOCVD machines purchased this year. Taiwan, it is estimated that the fourth season will be able to mass production.
As demand for full-load orders has eased, Yuanyuan estimates that revenues in the third quarter are still expected to continue to rise. As the basis for revenue in the second quarter has been raised, revenue growth in the third quarter is not as large as in the second quarter. It is estimated that revenue in the third quarter will increase by 5-10% from the previous quarter of 1.233 billion yuan.
In the first half of this year, the demand for LED TV backlights was boosted, and the capacity utilization rate was fully loaded in April. The monthly revenue also maintained a monthly growth trend. The accumulated revenue in the first six months reached 2.226 billion yuan. The same period last year was flat, and the annual growth rate was first corrected. From the current order status, the third quarter of the backlight orders still maintain strong demand, LED lighting orders will also be warmer than the previous season, the overall order visibility reached the end of September, and even some of the backlight orders can see the fourth season, and No market said that the peak season is not prosperous.
In order to relieve the full capacity of the production capacity, Yu Yuan pointed out that the company will transfer some orders to the subsidiary Yangzhou Yangyang Optoelectronics Co., Ltd. from the second quarter, and at the same time proceed to expand the production to meet the new orders, the company's second The season began with the subsidiary Yangzhou Shengyang actively introducing about 12-15 new MOCVD machines. It is estimated that all new capacity will be successfully opened in the third quarter, and the Taiwan Pingzhen plant will introduce 6 new MOCVD machines purchased this year. Taiwan, it is estimated that the fourth season will be able to mass production.
As demand for full-load orders has eased, Yuanyuan estimates that revenues in the third quarter are still expected to continue to rise. As the basis for revenue in the second quarter has been raised, revenue growth in the third quarter is not as large as in the second quarter. It is estimated that revenue in the third quarter will increase by 5-10% from the previous quarter of 1.233 billion yuan.
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