LED pick-up shipment growth, long-term revenue in March increased nearly 40%

Taiwan's LED picking equipment factory Jiuyuan (6261) in March 2011 consolidated revenue of NT$305 million, a 36.7% increase, an annual increase of 34.98%, a record high.

Among them, the test foundry part increased by 70% in March, contributing revenue of 115 million yuan, cutting and inspection foundry contribution of about 130 million yuan, equipment sales and AOI part was more stable at 56 million yuan.

Jiuyuan Q1's revenue for the whole season reached NT$737 million, an increase of nearly 30% year-on-year. Among them, the revenue from the cutting and inspection part contributed NT$300 million.

In the long-term 2011, the shipments of LED pick-ups increased significantly compared with the same period of last year. By the end of 2010, the monthly production capacity of LED pick-ups had reached 2.4 billion. The company also said that the capacity will increase by 200-400 million per month.

Under the capacity opening and the improvement of the test range, it is estimated that the gross profit margin of Qiaoyuan in 2011 is expected to grow by 38.11% compared with the same period of last year, and the profit can also continue to achieve good results.

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