In September, the revenue of Everlight was 1.471 billion yuan (NTD, the same below), which was 6.76%, and the annual increase was 8.78%. The accumulated revenue for the third quarter was 4.468 billion yuan, up 3.66% from the second quarter; September revenue was 12.523 billion yuan, up 2.06% from 12.271 billion yuan in the same period last year. Looking forward to the fourth quarter, due to weak demand in the backlight market, and the layout benefits of LED lighting products have not yet appeared, Yiguang initially estimated that October revenue and September is similar, and orders are still unclear in November and December, but the company estimates that the fourth quarter revenue is expected to be similar to the third quarter.
In September, Jingdian's revenue was 1.616 billion yuan, down 6.04% from August, and 14.82% compared with the same month last year. The accumulated third quarter revenue was 5.003 billion yuan, a slight increase of 2.14% compared with the second quarter. The accumulated revenue from January to September was 13.502 billion yuan, down 3.85% from the same period last year.
Li Bingjie, chairman of Jingdian, said recently that the order status in October was better than expected. It is estimated that the fourth quarter revenue decline is expected to be less than 20% in previous years. However, the overall LED industry will still be a hard one next year. In the year, industry revenue is expected to be flat in 2013, but it will be very hard to make a profit, and it will not be improved until 2014.
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