On August 30, the new century announced the 2012 semi-annual report. The revenue for the first half of the year was 1.69 billion yuan (NTD, the same below), the net loss after tax was 378 million yuan, and the net loss per share was 1.36 yuan. The net loss after tax in the second quarter was 136 million yuan, which was lower than the net loss of 242 million yuan after the first quarter.
The new century said that the second quarter of this year was affected by the large reduction in orders for mainland outdoor displays. In the second quarter, the utilization rate of green LEDs was less than 60%. Although the blue LEDs were fully loaded, they still caused losses in the second quarter.
At the same time, the new century emphasizes that the high-current LEDs launched in the third quarter of this year will be officially mass-produced and will help to improve profits. And the green LED production capacity turned to produce blue light, sprint non-standard LED lighting products, avoiding the price-cutting market. Overall, the new century is expected to be the third quarter revenue and profit will be better than the second quarter performance.
The new century said that the second quarter of this year was affected by the large reduction in orders for mainland outdoor displays. In the second quarter, the utilization rate of green LEDs was less than 60%. Although the blue LEDs were fully loaded, they still caused losses in the second quarter.
At the same time, the new century emphasizes that the high-current LEDs launched in the third quarter of this year will be officially mass-produced and will help to improve profits. And the green LED production capacity turned to produce blue light, sprint non-standard LED lighting products, avoiding the price-cutting market. Overall, the new century is expected to be the third quarter revenue and profit will be better than the second quarter performance.
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NINGBO UONICORE ELECTRONICS CO., LTD , https://www.uniconmelectronics.com
October 21, 2024