LED Taiwanese factories Dongbei (2499), Dingyuan (2426) and Yiquan Precision (2486) announced their 2010 revenues.
Dongbei's consolidated revenue in June 2010 reached NT$737 million, a record high for four consecutive months and a multiple of more than six consecutive months. Dongbei's 2010 Q2 revenue was 2.04 billion yuan, a 69% increase in the quarter. In the first half of 2010, revenue was 3.25 billion yuan, an increase of 118%.
In the first quarter of 2010, the revenue exceeded 600 million yuan for the first time, reaching 605 million yuan, a record high for three consecutive months. The LED TV lead frame began to be shipped in large quantities in the second half of the year. Due to the capacity of the Korean manufacturer, the future growth momentum of the operation is quite large.
Dingyuan benefited from the shortage of Zener diodes, and its revenue in June reached a record high of 361 million yuan. As the gross profit margin of the product exceeded 50%, Dingyuan's 2010 Q2 performance has grown more than fourfold. With the continuous opening of production capacity, Dingyuan's future monthly revenue will exceed 400 million yuan.
Related stock price 2010/07/06 - 15:50 Dongbei TWD 59.70 (+0.84%) Dingyuan TWD 25.00 (+6.38%)
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