The second quarter performance increase at Ronda Q2 out of new capacity

Recently, LED announced 2018 first quarter earnings and factory Luanda holding optimistic attitude on Q2 operation.

The second quarter performance at Ronda, new plant capacity is expected to be the season of trial production.

Lextar although revenue fell last year, but the gross margin was also positive growth, operating profit, net profit after tax of 129 million yuan, 0.25 yuan EPS. The board of directors of the company have decided the day before, to be allotted 0.2 yuan cash dividend per share. The first quarter of this year consolidated revenues of 2 billion 648 million yuan, the annual reduction of 15.6%.

Lextar's revenue structure, the proportion of about 65% backlight lighting, accounted for 30%, the other 5% is the vehicle and other new business. The company is gradually reducing the gross poor lighting product related performance proportion, while the vehicle, the 3D sensing performance that continued growth target this year can be accounted for 10% of revenue. Legal believes that the adjustment direction may influence lextar's revenues, but gross margin will be further improved, make the product portfolio more healthy.

In new technology, Mini LED of the Lunda products is expected to send samples to the second half of the year, the fastest investment revenue next year.

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