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LED Lighting Demand Will Drive Fermentation Of LED Plants

LED plant has peak effect of fermentation in the second quarter, profitability has great leap forward, the Pan UMC Group, Wang Qi Shan-quarter profit quarter by 1.9 times, Lunda quarter profit also increased up to five times. Stocks in the first half net profit of 2.16 yuan per share Everlight home the crown. Quarter gross margin on the LED plant rose significantly, increasing from 15.23% Epistar first quarter of 21.43%; Wang Qi increased from 9.37% in the first quarter was 14.37%, the two operators have increased more than five percentage points. Looking to the third quarter, the industry believes the season will be more obvious effects, mainly the strong lighting needs, expected revenues generally will further rise, gross margin trend is upwards. Wang Qi second quarter net income 151 million yuan, net income per share 0.75 yuan, better than expected. 203 million yuan in the first half net income, net income per share 1.02 yuan, a year earlier loss greatly improved. Ronda second quarter net income 163 million yuan, net income per share 0.32 yuan. The company optimistic about the future LED lighting market booming demand, will spend more than 1.1 billion yuan to buy a new plant expansion, have installed starting in the fourth quarter, the first half of next year to complete the first phase of production line expansion.

    
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