Power Alliance (3080) Q3 consolidated revenue was NT$2,268 million, combined operating gross profit was 270 million yuan, gross profit margin was 12%, operating net profit was 142 million yuan, net profit after tax was 171 million yuan, a substantial increase of 694% over Q2. The after-tax earnings per share was 1.01 yuan.
The company introduced that although it was affected by the adjustment of the terminal industry's terminal channel inventory, Q3's revenue declined slightly compared with Q2, but benefited from the changes in the end market demand, Power League's large-size product shipments increased, in product mix adjustment and cost control. Under the control of the company, the company's gross profit margin and net profit after tax have increased compared with Q2.
The company's products have been transformed from cold cathode fluorescent lamps (CCFL) to LED-based light sources. At present, LED product line revenue structure has reached 50%, Q3 LED revenue net NT$1.197 billion, accounting for the proportion has reached 53%.
Power Alliance plans to expand the production of LED backlights. It is estimated that the monthly production capacity of LED packaging will reach 300 million and the monthly production capacity of light bars will be 6.75 million. LED will be the focus of capital expenditure in 2011.
In the lighting business segment, Power Alliance will enter the consumer lighting market by creating its own brand of “Wellypowerâ€, which will increase the proportion of lighting revenue from 5% in 2010 to 2011 to more than 10%.
Cbd Vape Products Oem,D8 Vape Pen Oem,Cbd Disposable Vape Pen Oem,China Cbd Vape Products Oem
Shenzhen MASON VAP Technology Co., Ltd. , https://www.cbdvapefactory.com