Due to the sluggish impact of the panel factory's adjustment of inventory orders, the downstream LED packaging plants, such as Shunhong (3031), Huaxing (6164) and Yiquan (2486), all experienced lower revenues in September.
Shunhong’s September revenue was 436 million Taiwan dollars, a decrease of 10% per month, a decline of 11.92% compared with the same period of 2009. Q3 revenue was 1.398 billion yuan, a 8% decline from Q2, an annual increase of nearly 10%, and a cumulative revenue of 39.5 in the first three quarters. 100 million yuan, an annual growth of 34.23%. The market expects that the visibility and shipments of Yuhong will return to temperature in October, and it is expected that the single-month performance is expected to be flat or slightly growing compared with September.
Huaxing's September revenue, due to the LED low-temperature light bar assembly and LED parts business decline, the monthly revenue was 117 million yuan, nearly 30% lower than the August recession, an annual increase of 1.52%, the accumulated revenue of the first nine months of 2010 reached 13.99 100 million yuan, an increase of 48.71% over the same period in 2009.
LED lead frame factory in September revenue of 507 million yuan, monthly reduction of 8.92%, annual growth of 11.23%, Q3 revenue of 1.672 billion yuan, quarterly reduction of 3.94%, an annual increase of 25.01%, accumulated in the previous September revenue of 4.778 billion Yuan, up 48.99% over the same period of 2009.
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