Summary:
2Q18 Seoul Semiconductor achieved a revenue of 290 billion won, and EBITDA realized 45 billion won;
Despite the off-season, sales still increased year-on-year;
Expected sales of 300 billion to 320 billion won in the third quarter
On July 27, Seoul Semiconductor disclosed its second quarter results for 2018. In the second quarter of 2018, the consolidated revenue was 290 billion won (about RMB 1.721 billion), which was in line with the expected target of 280-300 billion won; the operating income was 18 billion won (about RMB 107 million); tax, interest, depreciation and amortization. The former profit (EBITDA) was 45 billion won (about 267 million yuan).
The operating margin for the second quarter was 6%. The company expects its new plant in Vietnam to increase production and gain further stability, thereby increasing utilization in the third quarter to meet peak season demand and improve profitability.
In the second quarter, sales in the TV division increased significantly year-on-year and are expected to continue to grow in the third quarter; sales in the mobile business segment will increase significantly in the upcoming third and fourth quarters, leading to continued sales in its IT department. Maintain high growth rates since 2017.
Sales of automotive lighting in all regions also showed strong growth. The company's package-free Wicop products for automotive headlamps have been further promoted, and foreign automakers plan to use the technology in mass-produced cars next year and in 2021.
"Wicop" new products displayed at this year's Guangya Exhibition
In addition, Seoul Semiconductor expects to achieve sales of 3000-320 billion won in the third quarter, which is expected to increase year-on-year and quarter-on-quarter.
Chief Financial Officer Sangbum Kim said that although the seasonality is weak, the company's sales have achieved sales growth this quarter, and with the sales of differentiated products such as SunLike, it is expected to continue this growth trend for the rest of this year. Wicop and Acrich have increased utilization, and once the Vietnam plant is fully established, it will help increase utilization and once again challenge last year's record sales.
So far, Connaught's second quarter of 2018 achieved sales of 1.537 billion euros (about 12.195 billion yuan), down 9.5% compared with the same period last year; semiconductor industry deposition equipment supplier Ai Siqiang (AIXTRON) revenue It fell to 55.2 million euros (about 437 million yuan).
Copper Tube Terminals Without Checking Hole
Our company specializes in the production and sales of all kinds of terminals, copper terminals, nose wire ears, cold pressed terminals, copper joints, but also according to customer requirements for customization and production, our raw materials are produced and sold by ourselves, we have their own raw materials processing plant, high purity T2 copper, quality and quantity, come to me to order it!
Copper Tube Terminals Without Checking Hole,Cable Lugs Insulating Crimp Terminal,Cable Connector Tinned Copper Ring Terminal,Tubular Cable Lugs Crimp Terminal
Taixing Longyi Terminals Co.,Ltd. , https://www.lycopperlugs.com