Taiwanese company CLP expands LED lighting layout, accounting for 80% of revenue next year

The lighting factory CLP held a press conference yesterday (24th). Looking forward to the market outlook, the company pointed out that it has continued to expand its LED lighting layout in recent years, and it is expected that its product share will reach 80% next year.

CLP received a tender of NT$40 million (NT$, the same below) from the Bank of Taiwan from April to October this year, with shipments accounting for 50% of the total tender, driving shipments this year, with a cumulative revenue of 1.178 billion in the first three quarters. yuan, an annual decrease of 10%, a gross profit margin of 28%, an annual decrease of 1%, a operating profit margin of 4.9%, an annual increase of 2.6%, after-tax net income of 62.17 million yuan, an annual increase of 84%, and a net profit per share of 0.19 yuan.

CLP pointed out that despite the decrease in revenue, cost control decreased significantly by 24% compared with the same period last year, resulting in the industry's profit nearly doubling. In the first three quarters, CLP’s LED lighting revenue accounted for 77.9%, traditional lighting 17%, and rental income 5.1%.

CLP continues to expand its LED product line. "LED flat panel lamps" for air conditioners have obtained the energy-saving label earlier this year. In addition, lamps for offices and business premises, smart lamps for indoor parking lots and other product lamps have also been developed one after another.