Trade Resources Market View Lextar Electronics Generated EPS of NT$1.82 for January-September 2013

Lextar Electronics Generated EPS of NT$1.82 for January-September 2013

Lextar Electronics, a Taiwan-based LED epitaxial wafer and chip maker and LED packaging house, generated net earnings per share (EPS) of NT$1.82 for January-September 2013, according to the company.

Lextar recorded consolidated revenues of NT$3.696 billion (US$124 million), gross margin of 14.7%, net operating profit of NT$234 million and net profit of NT$177 million for the third quarter. The company brought in consolidated revenues of NT$10.429 billion, gross margin of 14.0% and net profit of NT$915 million for January-September.

Direct-type LED backlight units (BLUs) used in LCD TVs accounted for 50% of third-quarter sales revenues from all TV-use LED BLUs and are expected with growing demand, Lextar indicated.

For LED lighting, Lextar offered 200lm/W LED lighting tube technology with 360-degree luminous direction at the end of October. In addition, Lextar has won Sony's adoption of its LED components for use in smartphone flashes.

Lextar' board of directors on November 4 decided to float 5-year zero-interest unsecured convertible bonds worth up to NT$2.0 billion in the Taiwan security market.

Source: http://www.digitimes.com/news/a20131104PD213.html
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Lextar Posts January-September Net EPS of Nt$1.82