[High-tech LED News] AUO Group's LED factory Longda Electronics Q3 consolidated revenue of NT$2.52 billion, up 6% from Q2. Q3 net profit after tax is NT$0.2 billion, with a gross margin of 8.9% and a net profit per share of RMB0.05.
The accumulated revenue for the first three quarters was NT$6.99 billion, and the net profit after tax was NT$59 million. The gross profit margin was 11.7% and the net profit per share was 0.15 yuan.
Ronda said that Q3 revenue growth was mainly due to the substantial growth in lighting demand, which accounted for about 40% of the overall revenue. The decline in gross profit margin was mainly due to the sluggish demand for backlights, the decline in prices and the loss of inventory prices.
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