Saturday, October 8, 2011

Ruifeng power: Anwar only in China SMD LED lighting suppliers

The first half of this year, performance of the company grew steadily, significantly optimizing product mix and enhance investment flexibility of future performance. On downstream applications, large-size backlight, LED lighting suppliers and Car Made good progress with the LED. Among them, a higher proportion of revenue large-size backlight and LED lighting in the first half revenue of 76.84 million yuan, respectively, 48.74 million yuan, an increase of 30.12%, 146.86%; gross margin decreased to 30.75%, 35.09%. Gross profit margin of 61.20% of the automotive LED revenue 4.22 million yuan, an increase of 49.93%.
Companies no longer on the outside processing plant sales materials and contract manufacturing business, also has a strong market competitiveness and bargaining power. In the main raw material purchase price and sales price decline, the first half of the consolidated gross profit margin rose to 31.33%. Which, in the second quarter gross margin increased to 32.06%. LED display applications mature revenue 14.18 million yuan, down 54.70%, 9.85% income share fell to.
Company export revenue 28.26 million yuan, an increase of 64%. Anwar has passed quality certification in China and become its sole supplier of SMD LED, the influence of foreign markets has gradually increased. Rapidly falling chip prices as the upstream and industrial chains mature technology, LED lighting manufacturers market is about to enter the critical point. We are optimistic about the potential for business expansion in the field.

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