Baihong will continue to enhance the proportion of niche products, the annual profit of optimism

Out of the fierce competition in the bargain Baihong MOVCD blue epitaxial market, lock the aviation and automobile market in the past two years, towards niche product transition, the company last year, niche products accounted for revenue has reached more than 50%, driven by profit last year wrote nearly seven years the best performance this year, the company continued to improve the proportion of niche products throughout the year by Tetra Pak View.

Baihong last year LED lighting module cabin order volume, the proportion of revenues rose to about 5%, plus the IR LED in the printer, sweeping robot and other related applications to enhance the proportion of nearly 40% last year, net income rose to 210 million yuan (NT, the same below), the annual growth of 18.6%, net profit per share of 1.12 yuan, nearly seven years the best profit.

Baihong said that this year will remain niche products as the main strategy of the aviation market, under the SMD module into the Boeing 737 aircraft cabin lighting supply chain, last year is the same model is obviously the company will inject Baihong operations, began to supply second models this year, expected the second half of the volume will continue to increase.

Aviation market product gross margin is relatively high, is an important reason for nearly two years, Bai feather to raise interest rates will expand Baihong said that future aircraft of different models, different lighting area, separate orders, the proportion of operating is still expected to continue to improve.

The automobile market, currently dominated by shipping Baihong automobile after market, through the dealer shipments to Europe and America market, the past two years, the same volume continued to enlarge, but also enhance the important role of gross margin.

Legal person pointed out that in recent years the major LED plants are actively to find out the direction for the transformation, Baihong after gradually withdraw from the lighting market, the highest threshold lock into the aviation market, and the market of large scale automobile market. By nearly two years of performance and gross margin trend can be seen, this transformation results have been clearly show baihong.

Source: Taiwan Economic Daily

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