Operating capacity is stable, Guangbao Branch Q2 after tax, net profit or seasonal increase of 40%

Lite-On's Lite-On Power will be released on July 12, and as Guangbao will recognize more than 95% of Jianxing's profit in the second quarter, foreign investment is expected to increase by 40% in the second quarter. In July, new game consoles and LED car lighting will begin to ship, and the second half of the year will be able to grow.

In the future, Lite-On's new business will include non-personal computer fields such as LED lighting, automotive electronics and biotechnology. This will be a new wave of operational growth momentum for Lite-On, and the non-PC business will be the backbone of Lite-On's future development.

Wang Yuling, director of the Branch Office, said that the equity of Lite-On Power held by Lite-On in the first quarter was less than 50%, but it has increased to 95% since April. In the second quarter, the profit of Jianxing Electric can be recognized. To 95%, let Guangbao's after-tax net profit increase.

Nomura Securities estimates that the second-quarter net profit after the second quarter of the company is 2.231 billion yuan (NTT, the same below), which has grown by more than 41% from the first quarter of 1.577 billion yuan, and the EPS of the single season is 0.97 yuan.

Yu Yuling said that the recent re-entry of Guangbao Branch by foreign capital is mainly due to the relatively stable operation capability. LED applications are used in automotive electronics. For example, due to the EU regulations, white light is required to open the lights. Street lights, tail lights, brake lights, directional lights and LED lighting in the car have all grown well, with at least 20% to 30%.

As for the second-half orders of Lite-On's solid-state hard disk, the number of orders in the second half of the year has also increased significantly. Wang Yuling said that the shipment of solid-state hard drives will double this year. Last year, it accounted for about 10% of Jianxing's revenue, and this year it has grown to 30%.

In order to meet customer's request for UHD led Screen, PRIVA LED developed the complete solution from Module, HUB card and high precise cabinet.

PRIVA LED's PV series of UHD Led Screen has functions: 

1,600mmx 337.5mm cabinet which is easy to get 16:9 Ratio of Led screen panel

2,Front installation& front maintenance. Modules, Hub card, Power supply and Receiving card all could be take off from front side and installed from front.
3, PU series of PRIVA LED has option of Power Redundancy. If one power supply defected, the other one will continue working without problem.
4,Signal dual backup
5, Smart module with calibration data. Calibration data will be saved in the module, so when replace module, the calibration data will be automatically updated.

If more information is needed about our UHD led display screen, pls feel free to contact with us!

Small Pixel Pitch Led Screen--PV Series

UHD led Screen, High definition LED screen, Small pixel pitch Led Screen

Shenzhen Priva Tech Co., Ltd. , https://www.privaled.com