LED packaging factory Huaxing announced that its consolidated revenue in June reached 141 million yuan (NTD, the same below), with a monthly decline of 26.83% and an annual decline of 1.51%. The company said that in addition to the reaction rate in June, which was slightly lower than that in May, it was mainly in May that there was an order for deferred shipments of about 20 million yuan, which was higher than the base period in May. Revenue decline was 26.83%.
Huaxing said that compared with the rate of about 75% in May, it fell slightly to 72% in June, plus a deferred shipment note of about 20 million yuan in May, which made the merger revenue in May. As high as 193 million yuan, the parity is higher than the base period, resulting in a decline in revenue in June, but compared with the company's normal monthly income of 150 million yuan, the decline is not large.
Huaxing's cumulative consolidated revenue from January to June reached 872 million yuan, a slight increase of 0.59% compared with the same period last year. Huaxing said that since October last year, if the order is single, the company's orders are generally stable growth, only a significant decline in May, but in June has returned to the growth track, although only four in July Working days, but also see strong growth performance; just from the receipt of orders to the shipment and revenue recognition is taking time to slowly ferment, I believe that the second half will slowly see the benefits.
Huaxing said that compared with the rate of about 75% in May, it fell slightly to 72% in June, plus a deferred shipment note of about 20 million yuan in May, which made the merger revenue in May. As high as 193 million yuan, the parity is higher than the base period, resulting in a decline in revenue in June, but compared with the company's normal monthly income of 150 million yuan, the decline is not large.
Huaxing's cumulative consolidated revenue from January to June reached 872 million yuan, a slight increase of 0.59% compared with the same period last year. Huaxing said that since October last year, if the order is single, the company's orders are generally stable growth, only a significant decline in May, but in June has returned to the growth track, although only four in July Working days, but also see strong growth performance; just from the receipt of orders to the shipment and revenue recognition is taking time to slowly ferment, I believe that the second half will slowly see the benefits.
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