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Strong Demand For Invisible Light Products, Everlight’s June Revenue Increased By 35.34% Annually

Jul 12, 2021

The LED packaging manufacturer Everlight's revenue continued to rise in June this year, reaching 2.417 billion yuan (NTD, the same below), a 51-month high, with a monthly increase of approximately 6.2% and an annual increase of 35.34%; the second quarter revenue was approximately 6.759 billion yuan, a quarterly increase of 14.82%, revenue in the first half of the year was 12.645 billion yuan, an annual growth rate of 24.41%.


Everlight's second quarter revenue continued to grow compared to the previous quarter, and profits are expected to remain stable and high-end. The legal person estimates that EPS in the second quarter is expected to be more than 1 yuan, and the earnings per share in the first half of the year will exceed 2 yuan.


Everlight's second-quarter revenue increased by 14.82% quarter-on-quarter, which was higher than corporate expectations. The single-quarter earnings per share were estimated to be more than 1 yuan. Looking forward to the traditional peak season in the third quarter, coupled with the company's increase in production, it is favorable for the performance of the second half of the year to be better than that of the first half.

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Everlight achieved good results in its operations in the first quarter, earning more than 1 yuan per share in a single quarter, reaching 1.03 yuan, which is better than the 0.72 yuan in the fourth quarter of last year and a significant increase from 0.14 yuan in the same period last year.


With the improvement of LED market conditions, strong demand for orders for invisible light products, and price increases for products such as optocouplers, Everlight's performance in the first quarter of this year continued to be strong. Revenue 5.885 billion yuan, an annual increase of 30%, gross profit margin 26%, operating net profit of 523 million yuan, plus non-industry interest income and foreign exchange benefits totaling more than 50 million yuan; net profit attributable to owners of the parent company of 458 million yuan, basic per share The surplus reached 1.03 yuan, an annual increase of 6 times.


Due to strong demand for invisible light products, Everlight expanded its invisible light production capacity at the beginning of this year after expanding its invisible light production capacity in the second half of last year. At present, new production capacity has been opened one after another, and the capacity utilization rate has risen to 80%-90%, which is expected to become a driving force for operating growth in the second half of the year, which is favorable for operating performance in the second half of the year to be better than that in the first half of the year. (Source: Times Information)