Taiwan-based LED chipmaker Epileds saw September revenues drop by 8.9% on year to reach NT$103 million (US$3.51 million). The firm reported third-quarter revenues of NT$321 million, representing an on-quarter decrease of 23.7%.
Epileds reported full capacity in the second quarter, hitting record high revenues in April and then breaking it again in May, at NT$144 million and NT$149 million, respectively. Nevertheless, a market downturn has been causing price to decrease, and the firm has been selective with orders. Capacity utilization rate has fallen to 80% in recent months.
Accumulated revenues for the first three quarters of 2012 were NT$1.04 billion, an on-year growth of 7.06%. Epileds holds conservative view about the fourth quarter as price competition is expected to continue.
Epileds: Revenues, Sep 2011 - Sep 2012 (NT$m) |
|||||
Month |
Sales |
M/M |
Y/Y |
YTD |
Y/Y |
Sep-12 |
103 |
(0.8%) |
(8.9%) |
1,040 |
7.1% |
Aug-12 |
104 |
(10.2%) |
(14.5%) |
938 |
9.2% |
Jul-12 |
115 |
(11.3%) |
(3.9%) |
834 |
13% |
Jun-12 |
130 |
(12.6%) |
11% |
719 |
16.3% |
May-12 |
149 |
3.1% |
31.2% |
589 |
17.6% |
Apr-12 |
144 |
6.9% |
|
440 |
|
Mar-12 |
135 |
38% |
|
296 |
|
Feb-12 |
98 |
55.2% |
|
161 |
|
Jan-12 |
63 |
(19.3%) |
|
63 |
|
Dec-11 |
78 |
(1.1%) |
|
1,223 |
|
Nov-11 |
79 |
(16.5%) |
|
1,145 |
|
Oct-11 |
95 |
(16.1%) |
|
1,066 |
|
Sep-11 |
113 |
(6.9%) |
|
972 |
|
*Figures are not consolidated
Epileds: Revenues, 2Q11 - 2Q12 (NT$m) |
|||||
Quarter |
Sales |
Q/Q |
Y/Y |
YTD |
Y/Y |
2Q-12 |
423 |
43% |
23.8% |
719 |
16.3% |
1Q-12 |
296 |
17.5% |
7.1% |
296 |
7.1% |
4Q-11 |
252 |
(28.9%) |
(5.3%) |
1,223 |
31.4% |
3Q-11 |
354 |
3.6% |
41.2% |
972 |
46.1% |
2Q-11 |
342 |
23.7% |
|
618 |
49.1% |
*Figures are not consolidated