Trade Resources Industry Views Edison Opto Holds a Shareholders' Meeting to Deal out 2011 Dividends of Nt$3.01

Edison Opto Holds a Shareholders' Meeting to Deal out 2011 Dividends of Nt$3.01

Tags: LED Light

Taiwan-based high-power LED lighting packaging house Edison Opto held a shareholders' meeting to deal out 2011 dividends of NT$3.01 (US$0.10) in cash and NT$0.50 in stocks.

Despite the debt crisis in Europe having negative impacts on the economy, Edison Opto indicated that customers have continued placing orders.

The firm pointed out that the lighting market in 2012 continues to depend on commercial and government projects. Demand from China and Japan for LED lighting is likely to bring growth to the market, added the firm.

Edison Opto's gross margin for first-quarter 2012 showed growth compared to fourth-quarter 2011 due to business growth of its Lighting Design Manufacturing Service (LDMS). Revenues from LDMS in first-half 2012 are likely to reach 30% of total revenues, said Edison Opto.

Edison Opto deals out 2011 cash dividends of NT$3.01

Edison Opto showcases lighting products in LED Lighting Taiwan 2012

Source: http://www.digitimes.com/news/a20120620PD210.html
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Edison Opto deals out 2011 cash dividends of NT$3.01
Topics: Lighting