Epistar and Everlight Posted Lackluster Revenue Results in April

Taiwan`s major LED maker Epistar and Everlight has reported their Revenue Results in April.

Taiwan`s major LED maker posted lukewarm revenue records last mounth, sliping 2.74% from a month earlier, to NT$1.69 billion (US$59.2 million at US$1: NT$28.6); Everlight scoring 0.3% less revenue with NT$1.42 billion (US$49.6 million); and Edison Opto reporting a 3.2% contraction to NT$249 million (US$8.7 million).

Executives from Epistar estimated the company`s gross margin for April to stand above 25% while the company itself estimated its monthly gross margin to surge 30%.

Industry executives estimated packager Everlight`s revenue for the second quarter would grow at a double-digit rate and its gross margin for the quarter would increase from the first quarter, to the 25-28% rang.

Edison, saw its revenue for the first four months this year rise 1.4% from the same period of last year, to NT$910 million (US$31.8 million).Edison`s gross margin average for the first quarter was at 23-24%, slightly lower than the 24-25% range it had the previous quarter.

 

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