Package revenue dropped nearly 30% of the display saves Lehman Optoelectronics

[New Industry Reporter Luo Gemei Report] On August 16, Lehman Optoelectronics (300162.SZ) released its first half of 2012 performance report.

According to the report, the company achieved revenue of 148 million yuan in the first half of the year, a year-on-year increase of 21.5%. Among them, the net profit attributable to listed companies was 2012 million yuan, a year-on-year increase of 2.73%. From the perspective of product revenue structure, only the display revenue of the company's main products was 86.71 million yuan, an increase of 110.55%. The revenue of all kinds of packaging products showed a significant decline, of which the revenue of direct-inserted LED devices was 22,660,500 yuan, down 34% year-on-year; the revenue of chip-type LED devices was 32,969,900 yuan, down 18.8% year-on-year; the revenue of lighting products was 372.5. Ten thousand yuan, down 24.8% year-on-year. At the same time, the gross profit margins of the above four main products have all declined to varying degrees.

"The high growth of display business is a normal phenomenon, mainly because Lehman Optoelectronics' display is mainly in overseas markets, and the price is relatively high." Li Binbin, brand director of Lehman Optoelectronics Market, told New Industry that display revenue The high growth is mainly attributed to the brand advantages accumulated by the company over the years, especially in terms of overseas channels. He said that since the IPO was listed last year, Lehman Optoelectronics has increased the investment in equipment and R&D talents, and has continued to improve the energy efficiency of display products, and has further gained the trust of overseas customers.

Despite this, Lehman Optoelectronics is still unable to escape the weakness of the industry where all product margins have declined to varying degrees.

According to the report, due to the overall poor performance of the LED industry due to the impact of the international environment, the slowdown in semiconductor market demand and the continuous decline in product prices, the company's domestic market development has been affected, and domestic LED devices and lighting products have higher sales revenue. The same period of the year has declined.

Li Binbin revealed that with the official launch of the Huizhou Lehman base at the end of October, the production capacity of Lehman Optoelectronics will be greatly improved, thereby further strengthening and enhancing the core competitiveness of Lehman Optoelectronics in the field of high-end LED devices, display and lighting, and It is expected to drive revenue growth.

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