Guangding's January tax loss of 0.26 billion NT$Q2 is expected to turn

LED packaging plant Guangding's non-consolidated revenue in January was NT$34 million, a decrease of 38.69% compared with the same period of last year, a decrease of 27.49% from the previous month, and a loss after tax of NT$26 million, EPS -0.28. Guang Ding said that due to the low-end LED market conditions in the first quarter of this year, the price of LED components is still chaotic, and the production lines on both sides of the strait are on the Lunar New Year holiday, resulting in a loss in the month. Overall 1st quarter revenue performance is bearish, and the second quarter will be a reversal opportunity.

According to Guangding's analysis and the splitting of cross-strait business, the Taiwan parent company actually made a profit in January this year. However, in addition to the reduction in lighting engineering, the mainland part of the market continued to suffer losses due to the chaotic price of LED components.

The company's non-consolidated revenue for the fourth quarter of last year was 139 million yuan, a quarterly decrease of 4.5%, an annual decrease of 33.12%, a post-tax loss of 59 million yuan, and an EPS of 0.65 yuan. Last year's non-consolidated total revenue was 682 million yuan. The recession was 22.76%, the post-tax loss was 92 million yuan, and the EPS was -1.02 yuan.

 

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