Hong Qi 2010 Q2 revenue increased by 18% in the quarter

LED packaging Taiwan factory Hongqi (6168) In June 2010, the consolidated revenue was NT$313 million, a decrease of 5.57% month-on-month and an annual increase of 43.98%. The accumulated revenue for the first half of 2010 was 1.779 billion yuan, an increase of 57.41%.

Hongqi Q2 revenue was 963 million yuan, an increase of 18% in the quarter. The market estimated that Q2 gross margin will fall to 25.5% and EPS is about 0.65 yuan.

The new production capacity of Hongqi Q3 LED TV has been opened one after another. It is expected that the SMD capacity will increase from 650kk to 750kk per month at Q3. Under the enthusiasm of mainland TV panel customers to pull goods, and the mainland lighting market will continue to contribute, it is estimated that Hongqi Q3 revenue is expected to increase by nearly 30% in the quarter, exceeding NT$1.2 billion.

Related stock price 2010/07/12 - 16:00 Hong Qi TWD 41.65 (+2.21%)

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