Benefiting from backlight growth, crystal power's third-quarter profit increased by 110%

October 29 news, according to Taiwan media reports, Taiwan's LED upstream chip maker Jingdian's third-quarter gross profit margin rose by 6 percentage points, a single quarter after-tax net profit of 607 million yuan (NTD, the same below), quarterly growth rate as high 110%, hit a new high in a single quarter! The crystal blue LED is fully loaded and is expected to be in short supply until 2012.

    Recently, Jingdian announced a consolidated revenue of 8.852 billion yuan in September, with a pre-tax surplus of 834 million yuan and a profit after tax of 788 million yuan. The gross profit margin in the third quarter rose from 22% in the second quarter to 28%, and the gross profit margin in March and September exceeded 30%. Zhang Shixian, vice president and spokesperson of Jingdian, said that as the blue LEDs were fully loaded in the fourth quarter, the gross profit margin in the fourth quarter would have a chance to go up again or maintain high-end.

    Jingdian released brilliant results, mainly due to the increase in the proportion of products supplying LED-backlit LCD TVs in the third quarter. In 2009, 75% of LED-backlit TVs used high-brightness blue-light chips of crystal electricity to make the crystal hair Interest rates jump and grow quarter by quarter. The legal person estimates that in the future, the net profit per share of the crystal power in the future will start from 1 yuan.

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