BOE Performance Forecast: 30% Earnings Growth Over 50%

[PConline News] BOE, the world's leading supplier of semiconductor display products and solutions, announced the first three quarters of 2014: The net profit attributable to shareholders of listed companies in the first three quarters is expected to be between RMB 1.8 billion and RMB 1.9 billion. Among them, the net profit attributable to shareholders of listed companies in the third quarter was 758 million yuan to 858 million yuan, an increase of over 50% over the same period of last year.

According to reports, in the first three quarters of 2014, BOE Beijing 5th Generation Line, Chengdu 4.5th Generation Line, Hefei 6th Generation Line, and Beijing 8.5th Generation Line 4 operating lines remained full and full production, and the new production line capacity was gradually released. Hefei 8.5th Generation The TFT-LCD production line and the Ordos 5.5th-generation AMOLED production line have both been successively mass-produced, and the Hefei OGS touch-control line has also been successfully put into production. The production capacity has climbed smoothly and the yield rate has steadily increased.

According to the report of NPD DisplaySearch, the market price of small-size LCD panels has weakened, showing a steady state trend in the third quarter. In terms of large size, July shipments of large-size LCD panels maintained 12.58 million square meters, and reached a record high in August, reaching 13.36 million. Square meter shipping area. The panel market supply was relatively tight in the third quarter, and panel shipments continued to flourish. In the fourth quarter, with the arrival of the sales season such as October Golden Week, Christmas Day, New Year's Day and Spring Festival, panel makers actively stocked the goods, demand was relatively stable, and the market conditions remained stable.

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