Everlight reports revenue decline

By Helen Ku  /  Staff reporter

Fri, Dec 07, 2012 - Page 13

Everlight Electronics Co (億光電子), the nation’s top LED chip packager, yesterday reported that its unconsolidated revenue last month declined 1.27 percent to NT$1.48 billion (US$50.89 million) from NT$1.5 billion in October.

However, last month’s figures represented a 10.57 percent increase compared with NT$1.34 billion in the same period of last year, according to a filing submitted to the Taiwan Stock Exchange.

The company, based in Shulin District (樹林), New Taipei City (新北市), said sales of light emitting elements, the main growth driver, reached NT$1.17 billion last month. Sales of sensor components were NT$317.74 million, sales of materials and tools NT$1.8 million, and sales of other products totaled NT$666,000.

From January to last month, revenue was NT$15.5 billion, up 3.63 percent compared with NT$14.96 billion during the same period of last year, the filing showed.

Separately, LED firm Edison Opto Corp (艾笛森光電) yesterday said sales last month inched up 0.39 percent to NT$161,34 million from NT$160,71 million in October.

However, last month’s figure represented a 19.83 percent decrease from NT$201.26 million in the same month last year, the company said in a stock exchange filing.

Revenue in the first 11 months also decreased 7.29 percent to NT$2.12 billion from NT$2.29 billion during the same period of last year.

Everlight’s shares closed down 1.59 percent at NT$37.25 before the company released its monthly sales figures yesterday, while Edison Opto ended 1.48 percent lower at NT$36.65.

Since the beginning of the year, Everlight has fallen 29.32 percent and Edison was down 33.73 percent, Taiwan Stock Exchange data showed.