Maolin Q3 consolidated revenue of 1.278 billion NT dollars increased by 63.7%

September 08, 2019

[High-tech LED News] Maolin Optoelectronics Q3 benefited from the increase in shipments of illuminated keyboards and TV light guides. The consolidated revenue was NT$1.278 billion, a record high, up 63.7% from Q2, an increase from last year. 25.4%, gross profit margin 22.9%, EPS 0.74 yuan. The combined EPS for the first three quarters was 2.99 yuan.

Maolin said that Q3's overall revenue growth was mainly due to the large increase in shipments of light-emitting keyboards and TV light guides. The main shipments were for US notebook computer manufacturers. The series of notebook computers are hot, with a shipment of 1.5 million units in a single season, which is more than 50% higher than Q2.

In addition, in terms of lighting products, it has become a major supplier of Toshiba Lighting's LED ceiling lamps. Recently, Maolin has also gained in the US market and the Australian market. Currently, it has obtained lighting orders from US lighting manufacturers and Australian lighting distributors. Maolin products will become the company's new profit growth momentum after the growth of the two markets and the increase in market share.

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