Dongbei Q3 season doubles, Q4 is expected to be weak in the off-season

Theme: Finance
LED packaging factory Dongbei (2499) financial report released! In the first three quarters, the after-tax earnings per share were NT$2.52, and the third-quarter earnings per share after tax was 1.37 yuan, which was doubled from the second quarter of 0.68 yuan, and exceeded the first half of the profit of 1.15 yuan in one fell swoop. Quarterly profit growth has more than tripled!

Benefiting from orders for large and medium-sized backlight products above NB, Dongbei's pre-tax and post-tax profit for the third quarter was 390 million yuan and 329 million yuan respectively, and the pre-tax and post-tax earnings per share were 1.63 yuan and 1.37 yuan respectively. Exceeding the profit of 1.15 yuan in the first half of the year, the single-quarter profit quarterly doubled, and more than tripled from the profit of 0.84 billion yuan in the same period of 2008. In the first three quarters, the revenue was 2.779 billion yuan. The pre-tax and post-tax net profit were 709 million yuan and 604 million yuan respectively. The pre-tax and post-tax earnings per share were 2.96 yuan and 2.52 yuan respectively. In addition to its record-breaking five-month record, Dongbei has also achieved a record high, and its profitability has also yielded superior results. Compared with the same period in 2008, the net profit after tax was RMB 0.2 billion and the profit per share was RMB 0.08.

Dongbei said that overall, in 2009, it was significantly benefited from the hot sales of large and medium-sized backlight products. The company adjusted its product portfolio in time to strengthen the sales strategy of medium and large-sized backlights and lighting products. The profitability performance was significantly higher than the second quarter and the same period in 2008. Dongbei pointed out that under the help of almost all LED products using NB products, LEDs will continue to be backlit by LED NB in ​​the field of backlight applications, and further develop into large-sized display and TV products above 18.5 inches. Dimensional LED product penetration rate will double from quarter to quarter.

Looking forward to the fourth quarter, Dongbei estimates that under the increase in shipments of LED Monitor and LED TV backlight products, the single-quarter revenue is expected to be weak in the quarter, maintaining the third quarter heat and maintaining a high growth rate compared with the same period in 2008. .

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