Wellypower consolidated revenues for 3Q10 totaled NT$2.27 billion

Recently, CCFL lighting maker Wellypower Optronics’3Q10 revenues made a new record. The consolidated total revenues went up NT$2.27 billion, gross profit was NT$270 million with a 12% gross margin. Also, pure income reached NT$171 million (US$5.53 million), up 694% sequentially, EPS was NT$1.01, and operating incomer was NT$142 million.

Wellypower introduced, affected on inventory adjustment in the end-market for LCD panels, consolidated revenues for 3Q had down 1% sequentially. But be benefit from proper control of its costs and product mix amid increasing shipments for large-size products, the company’s gross margin had up to 12% and net profits had a 694% sequential growth.

For LED packaging in the company, it can produce 120 million units with about 70% utilization and ship80 million units every month. Also, Wellypower planed to start capacity expansion in 2011, and the company currently was evaluating the scale for capacity expansion.

Until at the end of 3Q, revenues for LED business had reached NT$1.2 billion, accounting for 53% of its total revenues. But for 4Q revenues, the company thought it would slip slightly compared to 3Q.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

XLamp® XP-L Photo Red S Line LEDs Deliver High Efficiency for Horticulture Applications Revolutionizing Horticulture Lighting with Cree LED Cree LED is committed to delivering innovative lighting solutions for horticulture and agriculture,... READ MORE

For most of history, humans used flames to generate light. Eventually, they discovered that a super-heated metal element in a light bulb could produce useful illumination, only for this technology to be superseded by the LED. One common featur... READ MORE