Trade Resources Company News LED Packaging Service Provider Everlight Electronics Stands $500-600 Million

LED Packaging Service Provider Everlight Electronics Stands $500-600 Million

LED packaging service provider Everlight Electronics stands a chance of recording net profit of NT$500-600 million (US$16.6-19.9 million), equivalent to net EPS of NT$1.40-1.50, for the third quarter, according to market watchers.

Due to decreased demand for LED backlighting and lighting, Everlight will see consolidated revenues for the fourth quarter slip sequentially by less than 10% to NT$7.6-8.0 billion, the sources said.

For the whole of 2014, Everlight is expected to generate consolidated revenues of over NT$30 billion and net EPS of NT$4.50-4.80, the sources indicated.

Source: http://www.digitimes.com/news/a20141023PD207.html
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Everlight Electronics Likely to Net Nt$500-600 Million for 3Q14
Topics: Lighting