LED driver IC manufacturers gathered to hold a corporate briefing. In response to the World Cup, starting from March, the market demand for display screens has increased. The accumulation has seen large orders, accumulating first quarter revenue of 457 million yuan (NTD, the same below), gross margin of 35.6%, camping rate 7.22%, after-tax profit of 34.44 million yuan, annual growth of about 79%, earnings per share of 1.05 yuan.
Looking forward to the second quarter, the general manager of the accumulation of Chen Qikai said that it will promote the operation of technical services for large customers, as well as the promotion of high-end applications, in terms of the product structure accumulated, this year estimated LED display will account for 85%, 15% for LED Lighting and system products (such as power management). The legal person estimated that the accumulation of Q2 revenue was about 600 million, which was the same as that of the same period of last year. The quarter increased by more than 30%, and the gross profit margin was estimated to be 33-36%.
Accumulation means that the company has adjusted the product mix to drive the proportion of LED lighting products to rise, promote high-end ultra-dense screen products as the main force, and reduce the cost of display products. Therefore, we will watch the follow-up gross margin trend this year.
Looking forward to the second quarter, the general manager of the accumulation of Chen Qikai said that it will promote the operation of technical services for large customers, as well as the promotion of high-end applications, in terms of the product structure accumulated, this year estimated LED display will account for 85%, 15% for LED Lighting and system products (such as power management). The legal person estimated that the accumulation of Q2 revenue was about 600 million, which was the same as that of the same period of last year. The quarter increased by more than 30%, and the gross profit margin was estimated to be 33-36%.
Accumulation means that the company has adjusted the product mix to drive the proportion of LED lighting products to rise, promote high-end ultra-dense screen products as the main force, and reduce the cost of display products. Therefore, we will watch the follow-up gross margin trend this year.
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