Huaxing's LED low-temperature lighting big single Q3 revenue is expected to increase by 20%

[High-tech LED News] Taiwan factory Huaxing (6164) announced that it has once again received orders from beverage manufacturers Coca-Cola and Pepsi-Cola low-temperature lighting, and estimated that the order volume will be about 2 to 3 million, which will be shipped in Q3.

Huaxing has successfully signed a contract with Putian Group, and the two parties will cooperate on green lighting energy-saving retrofit solutions and energy management services.

In addition, Huaxing subsidiary Huaneng also successfully received orders for replacement of LED lighting from Taiwan Financial Controls. It is estimated that the company will also be replaced in the second half of the year.

In the first half of 2011, Huaxing consolidated revenue of NT$808 million, accumulative pre-tax profit of 50.332 million yuan, and pre-tax profit of 0.42 yuan per share. Among them, LED low-temperature lighting accounted for about 35% of Huaxing's revenue. Huaxing's big singles start, it is estimated that Q3 revenue is expected to increase by 20% in the quarter, and profits will also grow simultaneously.

Huaxing currently has a market share of nearly 50% in LED low-temperature lighting in Taiwan. In response to the trend of energy conservation, Taiwan's convenience supermarkets also plan to convert indoor lighting into LED lighting. Huaxing is expected to actively seek orders through its subsidiary Huaneng.

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