Taiwan's LED manufacturer Longda Electronics went to (2017) its performance rebounded. Although the fourth quarter revenue declined due to the off-season of the reaction industry, market legalists estimate that the single-quarter gross profit margin can still be maintained at around 15%. Profitable performance.
Last year, the company adjusted its lighting product portfolio and optimized its product design to maintain its profit. It is understood that this is the main reason for the decline in the company's revenue last year. However, under the strategy of adjusting the product mix, the company's third and fourth last year. The quarterly gross profit rate has returned to the 15% level, which is also the best gross profit margin performance of the company since the first quarter of 2015. Ronda also said that it will continue to develop towards customized module products and attack the market with technological competitiveness. .
Market legal person said that due to the increase in Ronda's gross profit margin and product mix adjustment, it is expected that the fourth quarter and even this year's gross profit margin will have a chance to maintain a stable position. The legal person also believes that Ronda's fourth quarter gross margin is expected in the fourth quarter of last year. Maintaining above 15%, the fourth quarter results will also maintain profitability.
In the first three quarters of last year, Ronda’s net profit after tax was 91 million yuan (NTD, the same below). In the same period of the previous year, it was a loss of 173 million yuan. In the first three quarters of last year, after the adjustment of lighting product portfolio, Ronda’s performance has grown substantially. Accumulated the first three quarters of last year, the net profit after tax was 0.17 yuan.
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