Guangding's joint venture in November hit a new high since July 2010, reaching NT$124 million.

LED packaging factory Guangding announced that due to the company's active mainland landscape engineering market, the joint venture in November received NT$124 million, a growth of 27.83% from October, the highest since July 2010. Compared with the same month of 2009, it grew by 23.45%. In the previous November, the joint venture revenue was 1.178 billion yuan, a substantial increase of 44.37% over the same period of 2009.

In the first three quarters of Guangding, the pre-tax profit was 56.48 million yuan, and the after-tax profit was 40.32 million yuan. The earnings per share was 0.5 yuan. The company is optimistic about the 2011 results, and it is estimated that LED Lighting revenue in 2011 is expected to grow more than 2010.

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