General revenue decline in September, Taiwan plant Q4 operation will be affected by traditional off-season.

Taiwan LED factory in September generally decline in revenue, only crystalline electricity, Hongqi, Dongbei, Rong Chong revenue growth, the fourth quarter gradually entered the traditional off-season, coupled with the reduction of working days, with the Sino US trade war uncertain factors, the fourth quarter of operation has seasonal effects.

In September, most of the revenue growth stocks only grew slightly, while crystalline power continued to write a new high this year, but the growth rate was slight. The growth rate of the packaging plant Hongqi in September was relatively significant, the monthly growth rate was 9.17%, reaching 249 million yuan (NT $, the same below), but decreased by 14.2% per year. Crystalline electricity and Rong Chuang increased by 1.36% and 1.53% respectively, all of which are new records since 2018. However, compared with the same period last year, the annual decrease was 22% and 12.2% respectively.

In addition, Guang Lei, a maker of optical inductive components, also fell into recession in September, reaching 215 million yuan, 423 million yuan, 23.6% and 12.3% respectively.

In the fourth quarter of last year, due to the less working days and the effect of the end of season, the operation went into the traditional off-season. This year should not be off the peak season. But this year there are also interference factors such as Sino US trade war. The industry is still observing the fourth quarter operation cautiously.

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