LED packaging factory Edison (3591) 2012 total consolidated revenue of only 2.263 billion Taiwan dollars (the same below), annual decline of 9.7%, also made the 2012 after-tax profit of only 29.99 million yuan, annual decline of 85.7%, EPS 0.26 yuan.
Wu Jianrong, a legal person, admitted that although the LED lighting shipments continued to grow steadily in 2012, the price of the products was drastically declining. Even the competing industry took over the market with a deficit, and the result of the price competition made the factories more profitable.
For this year's outlook, Wu Jianrong said that compared with the 2012 Q4 product prices continued to decline, in 2013 Q1 has seen prices stabilized, although in the first two months of 2013 affected by the Lunar New Year holiday, the cumulative consolidated revenue was only 271 million yuan, the year The decline is 30.93%, but it is believed that the strategic alliance effect with Simings will appear month by month. The company has recently received a large number of China's energy-saving lighting brand factories, which has boosted the company's order visibility from one month last year to two. In the month, the Yangzhou plant's utilization rate has also reached full load, which will be reflected in the operational performance of Edison after March.
Wu Jianrong, a legal person, admitted that although the LED lighting shipments continued to grow steadily in 2012, the price of the products was drastically declining. Even the competing industry took over the market with a deficit, and the result of the price competition made the factories more profitable.
For this year's outlook, Wu Jianrong said that compared with the 2012 Q4 product prices continued to decline, in 2013 Q1 has seen prices stabilized, although in the first two months of 2013 affected by the Lunar New Year holiday, the cumulative consolidated revenue was only 271 million yuan, the year The decline is 30.93%, but it is believed that the strategic alliance effect with Simings will appear month by month. The company has recently received a large number of China's energy-saving lighting brand factories, which has boosted the company's order visibility from one month last year to two. In the month, the Yangzhou plant's utilization rate has also reached full load, which will be reflected in the operational performance of Edison after March.
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