Chip resistor manufacturer Da Yi Technology's consolidated revenue for the first quarter was NT$836 million, down 11.61% from the same period last year and down 5.75% from the fourth quarter of last year. Since Da Yi's net profit after tax in the fourth quarter of last year was only 1 million yuan, it is estimated that the company will barely maintain the loss in the first quarter of this year.

In the first quarter of this year, the company’s consolidated revenue was the lowest since the fourth quarter of 2009 (nearly nine seasons). Da Yi said that in the first quarter of this year, the market conditions of the electronics industry were not good, customer demand was not strong, and there were lunar calendars. Interference, the off-season effect of the single season is obvious.

Da Yi also admitted that due to the continuous decline in revenue in the first quarter of this year, the company's utilization rate performance decreased compared with the fourth quarter of last year, and the company's production capacity of LED heat-dissipating substrates was completed last year, and machinery and equipment began to be depreciated. It will inevitably affect the profitability of the first quarter of this year.

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