Taigu LED orders are fully loaded, with record highs in October


Benefiting from strong demand for LED TV and LED NB, Epistar's Taigu Optoelectronics (3339) climbed higher in October, initially estimating October revenue of more than NT$140 million, a further increase of 23.89% from September, setting a single month. A new high in history.

After the shareholding of Everlight and Jingdian, the ability of Thai Valley technology or orders to increase significantly, especially the expansion of Yiguang to Taigu, so that the performance of Taigu has been strong since August, and the third quarter results have turned into a loss. For profit. The third quarter consolidated revenue of Taigu was 325 million yuan, the operating gross profit was 48.11 million yuan, and the average gross profit margin was 14.8%. Due to the increase in revenue and the interest of convertible corporate bonds (CB) financial evaluation, the single quarter pre-tax surplus For 8 million yuan, the after-tax surplus was 21 million yuan, and it turned into a profit. The accumulated after-tax losses for the first three quarters fell to 227 million yuan.

In response to the demand for orders, Taigu added another MOCVD in October, and has begun to produce small quantities. With the addition of new capacity and orders, Taigu initially estimated that its revenue in October was more than 140 million yuan, a 23.89% increase from September and a record high in a single month. In terms of current orders, the November revenue has the opportunity to climb again, creating a new monthly high. As the gross profit margin has risen steadily, it is estimated that the profit in the fourth quarter will exceed the third quarter. The profit per month is expected to exceed 20 million yuan. The profit in a single quarter has a chance to grow several times compared with the third quarter.

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