Taiwan factory Huaxing (6164) recently announced the first half of 2010 financial report, Huaxing 2010 first half of the pre-tax net profit of NT$121 million, an annual increase of 130%, pre-tax earnings per share of 1.06 yuan.
Huaxing pointed out that LED low-temperature lighting strips shipped more than expected growth, 2010 Q2 profit was 77.3 million yuan, a quarterly increase of 74%. The low-temperature lighting strip Q2 accounts for 40% of the revenue, and the current order visibility is about 1-2 months.
At present, Huaxing low-temperature lighting has entered the supply chain of IR, the largest cryogenic freezer manufacturer in the United States, and also entered the supply chain of Coca-Cola beverage vending machines. In Taiwan, Huaxing also verified through the freezer of the convenience store of the whole family. The family convenience store at 28 million stores will be replaced with LED low-temperature strips within 4 years.
In addition to the general channel replacement LED low-temperature lighting, in the future, large-scale retail stores such as RT-Mart may also replace advertising light boxes, indoor light tubes and other lighting, Huaxing also has the opportunity to fight for this new order.
In terms of indoor lighting, Huaxing has entered the Japanese Mitsubishi supply chain since 2009 and has seized the Japanese indoor lighting market. Recently, it has also cooperated with a listed company in Japan to jointly promote LED bulbs and other products, and started small quantities in Q3 2010. goods.
Related stock price 2010/07/13 - 11:41 Huaxing TWD 26.30 (+1.74%)
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