Taiwan Huaxing Electronics' consolidated revenue in April increased by 14%

Taiwan Huaxing Electronics announced that the consolidated revenue in April was 153,809 yuan (NTD, the same below), which was 14.39% higher than that in March. The net profit before tax for the month of April was 21,235 baht. The net profit reached 58,226 yuan, and the basic EPS before the merger was 0.49 yuan.

Huaxing Electronics' first-quarter consolidated revenue decreased slightly by 3.76% compared with the same period of last year. The operating gross profit margin increased by 16.74% compared with the same period of last year, reaching 29.79%. After-tax earnings per share was 0.24 yuan, the highest since the fourth quarter of 2010. In the same period last year and the previous quarter, it doubled 24 times and 3.43 times respectively.

Huaxing Electronics is a professional LED packaging manufacturer in Taiwan. In the past seven years, it has been committed to the development of core packaging components across the LED lighting module and LED niche products market. It is one of the leading manufacturers of low-temperature lighting in the LED industry.

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