Taiwan plant Shunde consolidated revenue in February increased by 14% and is optimistic about March operation
Single-conductor leadframe manufacturer Shunde announced that its consolidated revenue in February was NT$652 million, an increase of nearly 14% from the previous month and a 7.6% decline from the same period last year. The accumulated consolidated revenue for the previous February was NT$1.225 billion. 23.32%.
The company said that the rebound in February's performance was mainly due to the return of normal working days and the gradual increase in orders in March. It is expected that the combined monthly revenue will be expected to return NT$700 million.
Shunde expects that the first quarter will be the bottom of this year's operation. The situation in the second quarter will be better than the first season. In addition, Shunde has been actively cultivating LED lead frames in recent years, although it currently only accounts for about 4-5% of revenue, but then The shipments are expected to gradually increase, mainly benefiting from the blessings of Japan's Sharp and Taiwan's new Chi Mei customers, including LED TV and lighting markets.
The company said that the rebound in February's performance was mainly due to the return of normal working days and the gradual increase in orders in March. It is expected that the combined monthly revenue will be expected to return NT$700 million.
Shunde expects that the first quarter will be the bottom of this year's operation. The situation in the second quarter will be better than the first season. In addition, Shunde has been actively cultivating LED lead frames in recent years, although it currently only accounts for about 4-5% of revenue, but then The shipments are expected to gradually increase, mainly benefiting from the blessings of Japan's Sharp and Taiwan's new Chi Mei customers, including LED TV and lighting markets.
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