Ronda Electronics Q2 revenue or quarterly increase of 3-4%

Benefited from the mainland's five electric promotions, large-size TVs drove the LED factory to heat up. LED packaging factories such as Yiguang, Longda and Dongbei have rushed in, and the legal person estimates that the second quarter results can increase by 30%.

Ronda's March revenue was 1.09 billion yuan (NTT, the same below), a 31.4% increase from February and a 36.5% increase from the same period in 2012. The company said that the panel market price has shown signs of falling, and the mainland government released the second-stage energy-saving color TV subsidy program and other bullish messages, the backlight market is relatively optimistic for the second half. Tablet, mobile and TV will be the growth opportunities in 2013.

In the first quarter of the year, Ronda’s consolidated revenue reached 2.867 billion yuan, an increase of 21.64%, an increase of 30.72%, mainly due to the integration into the Power League. Looking forward to the second quarter, in addition to the industrial peak season factor, there is a combined effect of continuous fermentation. The quarterly revenue will grow by 30-40% compared with the previous quarter.

The second season is the traditional peak season for the LED industry. The backlight and lighting orders will see significant growth. At present, the capacity utilization rate of Ronda has been increased to 70-80%, and the order visibility has been extended to 1-1.5 months.

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