Everlight Reports New Quarterly High for 3Q14 Earnings

News Source：

The China Post, MoneyDJ.com

Taiwanese major LED packaging manufacturer Everlight reported a consolidated profit of NT $8.52 billion for 2014 third quarter, hitting a quarterly record, with gross margin of 24.44%, net operating profit of NT$816 million and net profit of NT$726 million.

Everlight is the second largest LED packaging manufacturer in China LED market, according to "2014 Chinese LED Package Industry Report" released by LEDinside.

Everlight ascribed the revenue growth to brisk smartphone backlight and LED lighting shipments. The company saw new monthly highs in revenue for three consecutive months starting July 2014.

While it is expected the company's backlight orders will fall off during Q4, Everlight Chairman Robert Yeh said that the company's lighting business will last through out this year. Everlight forecasted NT $7.5 billion to $8 billion profit for 4Q14.

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.