Jingdian Q3 gross profit dropped to 16% for the time being unpaid unpaid leave

[High-tech LED News] Taiwan's LED leading crystal power company recently announced Q3 financial report, Jingdian Q3 net profit after tax of NT$ 12 million, after-tax earnings per share of 0.02 yuan, better than originally expected losses.

However, the gross profit margin of Jingdian Q3 fell to 16%, compared with 27% of Q2. The company said that it was mainly affected by the increase in idle capacity and the loss of inventory depreciation of about 200 million yuan.

In the first three quarters of the year, Jingdian consolidated net profit after tax of NT$10.99 million, and the after-tax earnings per share was 1.29 yuan, with an annual decline of 76%.

Jingdian said that the off-season in November is approaching, and the order status is not as good as that in October. At present, the utilization rate of blue light capacity is about 80%, and the utilization rate of four yuan capacity is 60%.

Despite this, Jingdian has not announced the release of unpaid leave, and pointed out that the capacity utilization rate fell to 3-4% during the financial tsunami, and it is not yet at this point.

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