Yilong's Quarterly Profit Increased By 10%, And Its Revenue Quarter Increased By More Than 10%.

Touch control chip plant Yilong (2458) in the first quarter, although the revenue has fallen, but the gross interest rate has been raised, plus the foreign note, the single season profit rose 10%, pure profit 0.63 yuan per share (NTD, after the same). Looking forward to the second quarter, the legal person forecast, single quarter revenue is expected to rise to more than 2 billion yuan, the quarterly increase of more than 10%, the gross margin is stable; the second half of the revenue and gross interest rate will rise synchronously.

Yolong (2) yesterday (2) held the first - quarter earnings report, a single quarter revenue of 1 billion 779 million yuan, 5.7% lower than the previous quarter, the off-season effect was not obvious, and 10% compared with the same period last year; the gross profit rate was 44.4%, the increase of 0.7 and 0.5 percentage points over the last quarter and the same period last year.

Although the first quarter of Yulong was damaged by tens of millions of yuan, it contributed 40 million yuan and 259 million yuan for the overall first quarter profit, which was up to 10% in the whole season. It was also more than 0.63 yuan per share after tax.

From the product line, Yilong first touch screen shipments 3 million 700 thousand sets, touch board is 13 million 600 thousand sets, mobile phone touch control of 1 million sets, tablet class shipment 900 thousand sets, touch pen is the 1 million 100 thousand sets of shipments.

Looking forward to the second quarter, with the new customer's note and the legal person's forecast, the second quarter revenue of the Yilong will be 2 billion to 2 billion 100 million yuan, and the quarterly growth is more than 10%; the gross interest rate will fall from 43.6% to 45.2%, the opportunity is equal to the last quarter, and the business interest rate is about 17% to 20%.

The second quarter touchscreen shipments will be up to 4 million, and the touch screen will also rise to 16 million. As the two product lines have new customers and high univalent, it will also boost the average price of the product, which is beneficial to the revenue performance.

Yilong revealed that the price of the touch screen will rise from $2.7 to $2.8 as new customers join, and the touch board will grow from $1.9 to $2, but the tablet and cell phone will fall one to 20%; the touch pens are flat, about 1 million 100 thousand, and the number of fingerprint core shipments has grown from 2 million 100 thousand to the first quarter. 2 million 400 thousand sets to 2 million 500 thousand sets in this season.