Sino-US blue crystal sapphire substrate subsidiary Sino-US Blue Crystal said that after the sapphire wafer market bottomed out in the fourth quarter of last year, Sino-US Blue Crystal has set a record for 8 consecutive months of revenue growth, since the fourth quarter of last year. The loss turned into a profit in January of this year, so the loss in the first half of the year gradually narrowed. The revenue of Sino-US Blue Crystal in the first half of the year was 316 million yuan (NTD, the same below), and the loss after tax was 1.89 million yuan. After the EPS is -0.05 yuan, almost profit and loss.
Looking forward to the second half of the year, Sino-US Blue Crystal said that the third quarter sapphire wafer market visibility is clear and demand is stable, Sino-US Blue Crystal's revenue in the second half of the year is expected to continue to increase, profit will also improve quarter by quarter, the overall operating results will be Better than the performance of the first half.
Sino-US Blue Crystal focuses on high-value-added high-brightness patterned sapphire substrate PSS, accounting for more than 99% of monthly shipments. The monthly production capacity has been expanded from the original 100,000 pieces to 300,000 pieces. The revenue is growing month by month. It is expected that the demand for LED replacement lighting and TV backlight will rise in the second half of the year. The market for PSS products of Sino-US Blue Crystal will continue to grow.
On the other hand, the merger of Sino-US Blue Crystal and Zhaoyuan has been sent to the Taiwan Cabinet Buying Center for review. It is expected that the two companies will officially merge on January 1, 2013, and the future “Xinzhaoyuan†will become Taiwan. The largest sapphire substrate plant.
Looking forward to the second half of the year, Sino-US Blue Crystal said that the third quarter sapphire wafer market visibility is clear and demand is stable, Sino-US Blue Crystal's revenue in the second half of the year is expected to continue to increase, profit will also improve quarter by quarter, the overall operating results will be Better than the performance of the first half.
Sino-US Blue Crystal focuses on high-value-added high-brightness patterned sapphire substrate PSS, accounting for more than 99% of monthly shipments. The monthly production capacity has been expanded from the original 100,000 pieces to 300,000 pieces. The revenue is growing month by month. It is expected that the demand for LED replacement lighting and TV backlight will rise in the second half of the year. The market for PSS products of Sino-US Blue Crystal will continue to grow.
On the other hand, the merger of Sino-US Blue Crystal and Zhaoyuan has been sent to the Taiwan Cabinet Buying Center for review. It is expected that the two companies will officially merge on January 1, 2013, and the future “Xinzhaoyuan†will become Taiwan. The largest sapphire substrate plant.
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