Thanks to the strong demand for large-size backlights, Taiwanese companies have squandered their revenues in the fourth quarter of last year. The company’s consolidated revenue for the first quarter of this year was 941 million yuan (NTD, the same below), with a quarterly growth of 9.85%. The annual increase was 0.35%; among them, the consolidated revenue in March was 386 million yuan, up 42.73%, but down 3.67% from the same period last year.
For the performance of the first quarter, Yuyuan pointed out that in addition to the obvious feeling of large-size backlight demand, the company began to adjust the grain production process of MOCVD machine from the second half of last year in order to speed up the layout of LED lighting. It was also completed in January-February this year, and the yield was also brought to the standard water level.
Looking forward to the second quarter, Yuyuan said that next, the demand for small and medium-sized backlights will start to improve. Together with the conversion of the machine in the first quarter, it is estimated that more obvious benefits will be seen from the second season. Performance will be more prosperous, optimistic about the second quarter revenue growth.
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