Q1 Lite performance greatly reduced, the second quarter operating optimistic expectations

A poor first quarter Lite, not only the gross profit rate, interest rate were only 11.1%, battalion 1.6%, profit 1 billion 41 million yuan (NT, the same below) more than the same period last year by 47%, profit per share is only 0.45 yuan. Although the first quarter is not good, price competition and shortage situation has not improved, however, Lite executive Chen Guangzhong optimistic expectations, in LED, the number of housing, power supply, SSD, taking advantage of high wattage automotive electronics and lighting revenue this year than last year two digit growth, the second quarter of each quarter gross margin will have the opportunity to rebound to more than 14% .

The first season of Lite by NT dollar exchange rate rise, economic scale is low, and the influence of total revenue ratio reached 5 to IT power supply price competition, the gross rate of only 11.1%, lower than the same period last year and last quarter by about two percentage points, lower interest rate belongs to only 1.6%, significantly better than the previous average value about 4%, tax After the profit is 1 billion 41 million yuan, than the same period last year by 47%, earnings per share 0.45 yuan.

Chen Guangzhong said that the first quarter operating performance is worse than expected, but this year the second quarter bottom, LED, automotive lighting, the cloud will be shown. Scheduled at the end of June to sell mobile phone camera module China luxshare group, the second quarter also have the opportunity in the capacity utilization rate rose by a turnaround, plus the dollar exchange rate in the second quarter trend also toward a favorable direction, will drive the lite of second quarter gross margin, operating performance is better than the first quarter return to 14%.

In the face of the future, Chen Guangzhong pointed out that the number of power supply, SSD, taking advantage of high wattage chassis, car, LED and other products this year's revenue growth rate is two digits, the next business prospects optimistic. He said, even if the sale of mobile phone camera module will let Lite less a chunk of revenue this year, the third and fourth quarter gross margin also have the opportunity to challenge more than 14%, plus the sale of mobile phone camera module profit accounted for the industry this year, he Lite on profitability and revenue have confidence.

With the Department in visible light lite and visible LED sustainable development, and automotive lighting and ice line factory success, Chen Guangzhong said, LED production capacity will be amplified by two digits, including light, optical coupler, ambient light sensing element, infrared, mobile phone flash etc..

In the passive components and MOSFET components out of stock, Chen Guangzhong admits that, in order to meet the first Lite on customer demand as the primary goal, components procurement cost, material shortage caused by rising production instability and overtime costs, will negotiate with customer together, that lack of material to minimize the impact on revenue.

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