[High-tech LED News] Zhimao Electronics' revenue in Q3 in 2011 reached NT$3,520 million, a decrease of 24% from the previous quarter and a decrease of 26% from the same period last year. The net profit after tax was NT$424 million, a 20% decrease in the quarter, a 33% decrease from the same period last year. The basic earnings per share was NT$1.13.
The company's accumulated consolidated revenue for the first three quarters was NT$11.08 billion; uncombined revenue was NT$4,448 million, equivalent to the same period last year. The accumulated net profit after tax for the first three quarters was NT$1.35 billion, down 11% from the same period last year. The basic earnings per share was NT$3.6.
As the global economy slowed down, market capital expenditures began to tighten from Q3. Despite this, the main revenue contribution of the company in the first three quarters of the company was still from solar and LED, with annual growth of 19% and 22% respectively. In terms of operations, the company actively expanded its market share in Europe, the United States and Japan. In the current year, the total revenue in the first three quarters increased by 48% compared with the same period last year. The company expects to benefit from the LED lighting market in the future.
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