Reddick profited in the first three quarters, and car light products are expected to develop into key projects

Release date: 2017-11-10 Source: Foreign station sharing:

The LED lighting factory Lei Diike announced its first three quarters results, although the accumulated revenue in the first three quarters decreased slightly compared with the same period of last year. However, after the adjustment of the order strategy, the company's first three quarters of after-tax net profit is not only better than the performance of the same period last year, cumulative per share. The net profit after tax is 2.26 yuan (NTD, the same below) and the best level in the same period of the past four years.

The first three quarters of the company's accumulated revenue of 919 million yuan, operating gross profit of 408 million yuan, gross profit margin of 44.41%, operating net profit of 139 million yuan, operating profit rate of 15.19%, pre-tax surplus of 129 million yuan, after-tax net profit of 117 million yuan, The annual growth rate is 38.85%, and the net profit after tax for the first three quarters is 2.26 yuan.

In the past three quarters of cumulative profit performance, Redditch's net profit after tax for the first three quarters of this year was 117 million yuan, which is the best performance of the company in the same period in recent years. The net profit per share after tax is 2.26 yuan, which is also the highest since 2013.

Since the beginning of this year, the performance of LED- related manufacturers in Taiwan has generally rebounded, mainly because the mainland market has slowed down the price action this year, and the new production capacity is no longer like the previous years. Therefore, in terms of market, whether it is price or quantity It is beneficial to the performance of LED factories in Taiwan this year.

And Redike is also affected by the competition of mainland lighting manufacturers. In recent years, the company has also actively adjusted the order-taking strategy and improved the product mix. In response to the first three quarters of this year, it has seen profit growth.

Through the cost control and screening of customers, Reddick has rebounded from the gross profit margin in the second quarter of last year to more than 40%, showing a pattern of rising quarter by quarter. By the second quarter of this year, the gross profit margin has risen to 45.69%, but the third In the quarter, the gross profit margin fell slightly to 43.78%. However, it was still slightly better than the 43.68% in the first quarter. However, due to the strategy of adjusting the product line structure, the average gross profit margin of the first three quarters of this year still has a bright performance of 44.41%. It is expected that the gross profit margin for this year is also expected to be better than the 41.62% level of last year.

At present, the company's outdoor lighting applications account for about 45%, commercial lighting is about 35%, other (including automotive) accounts for about 20%, and by the end of last year, about 7% of automotive products, its automotive products cover interior lights, welcome lights, LED lens products for vehicles such as daytime running lights, fog lights, and headlights are shipped to the car factory through the cooperation of the lamp factory. It is expected that the proportion of revenue will increase to about 10% this year. It is expected that the future lens of the car will be developed into the focus of the company. One of the operating projects.

Label: Reddike profit in the first three quarters, car lights products are expected to develop into key projects

Pump Valve Precision Parts

Valve accessories include:
1, actuator: pneumatic actuator, electric actuator, hydraulic actuator, gas-liquid actuator, electro-hydraulic actuator, manual actuator.
2, positioner and accessories: pneumatic valve positioner, electrical valve positioner, intelligent valve positioner, electro-hydraulic servo
Servo amplifier, electrical converter, filter pressure reducing valve, valve position transmitter, position retaining valve, solenoid valve, limit switch, pneumatic amplifier, intelligent module, electro-hydraulic servo, servo amplifier, alarm, explosion-proof coil, fast exhaust valve.
3,
Test equipment and other valve accessories: valve testing machine, handle, handwheel, worm wheel, valve body, spool, stem
Valve cover, valve muffler, signal generator, blank, mold, bolt nut, clamp, spring,
Diaphragm, packing, coil, O-ring, flow juice, PTFE products, gaskets, flanges, elbows, quick joints, expansion device, flow meter
Filters, non-standard ruggedities, machine tools
Marking machine.

Pump Valve Precision Parts,Silica Sol Casting Pum Parts,Investment Casting Marine Pump Parts,Silica Sol Casting Marine Pump Parts

Tianhui Machine Co.,Ltd , https://www.thcastings.com