Jingdian fear Q3 peak season does not increase the revenue season by 5%

In the second quarter of this year, in the second quarter of this year, LED TV backlighting orders were rapidly warmed up, driving LED backlight orders to quickly recover, driving revenues in the quarter to increase by 36% compared with the previous quarter. Looking forward to the market outlook, although the timing entered the peak season of the third quarter, the order of crystal power from July to August was flawless, but due to the global economic downturn, the demand for the overall LED TV terminal gradually slowed down, coupled with the slowdown of the LED lighting power supply, the development was not as good. It is expected that the overall September order is still unclear. The effect of the peak season in the third quarter of this year is not obvious. It is estimated that the revenue in this quarter will be only 5% less than the previous quarter.

In the second quarter of this year, Jingdian out of the first quarter of the operating valley haze, capacity utilization rate reached full load in April, driving the quarter revenue of 4.897 billion yuan, a 36% increase. When the depreciation cost is fixed, the company's gross profit margin will improve as the capacity utilization rate is gradually increased. It is estimated that the second quarter gross profit margin of the company is expected to increase from 5.25% in the previous quarter to over 20%. A smooth turnaround, it is expected to make up for the loss of NT$515 million in the previous quarter and challenge the profitability in the first half of the year.

While observing the recent market performance, although the demand for LED TV backlights is still driven by the mainland's subsidy policy for energy-saving appliances, the demand for backlights in other international markets has slowed down significantly. The demand for the mainland market is still unable to slow down the demand for global backlight market. In addition, the poor market sentiment affects the power of LED lighting customers to pull goods, LED lighting development is not as expected, Jingdian also cautiously regards Q3 performance.

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