Due to the strong demand for LEDs and vehicles in the fourth quarter, Shunde (2351)'s fourth-quarter results were not weak. The legal person estimates that Shunde's consolidated revenue in the fourth quarter was about NT$2.08 billion, a quarterly increase of 22%, setting a new high in 2009.
Since 2008, Shunde has cut into LED lead frame production (currently LED accounts for 5%), and orders have gradually grown. Currently, Shunde LED customers cover Japanese and Taiwan LED factories. With the increase in LED demand, it is estimated that the monthly revenue in the fourth quarter is expected to reach 23 million yuan. Due to the high gross profit of LED lead frame and the large growth of new LED applications in 2010, Shunde's 2010 performance is promising.
Looking forward to 2010, benefiting from major customers STM, Vishay, Infenion is equal to the rising market share of automotive electronics, and the rapid growth of LED leadframes. The legal person estimates that Shunde's 2010 consolidated revenue is expected to exceed 9 billion yuan, with an annual growth rate of over 60%. The profit is expected to grow 1.5 times a year, and the earnings per share will jump from 5 yuan.
Since 2008, Shunde has cut into LED lead frame production (currently LED accounts for 5%), and orders have gradually grown. Currently, Shunde LED customers cover Japanese and Taiwan LED factories. With the increase in LED demand, it is estimated that the monthly revenue in the fourth quarter is expected to reach 23 million yuan. Due to the high gross profit of LED lead frame and the large growth of new LED applications in 2010, Shunde's 2010 performance is promising.
Looking forward to 2010, benefiting from major customers STM, Vishay, Infenion is equal to the rising market share of automotive electronics, and the rapid growth of LED leadframes. The legal person estimates that Shunde's 2010 consolidated revenue is expected to exceed 9 billion yuan, with an annual growth rate of over 60%. The profit is expected to grow 1.5 times a year, and the earnings per share will jump from 5 yuan.
Guangzhou Etmy Technology Co., Ltd. , https://www.digitaltalkie.com