Reddick’s September revenue decline will be a defense of 100 million yuan

With the continued strong demand in the LED lighting market, coupled with the continued production capacity of the new plant in Yangzhou, the secondary optical lens factory Reddike's monthly revenue performance since June has grown month by month, and the combined revenue in August was 111 million. Yuan (New Taiwan Dollar, the same below) hit a record high, but was affected by the Mid-Autumn Festival in September, and in response to the 11th holiday, customers will pull the goods one week in advance. It is estimated that the September revenue will decline from the previous month, and there will be 1 The billion-dollar level defends the battle.

About 90% of Radek's products are mostly used in LED lighting. Therefore, when the LED industry's revenue performance in June-August was turbulent due to the decline of LED TV backlights, Redick's consolidated revenues in June were higher than before. In July, the recession was 7.59%, and it was growing month by month from July to August. Among them, the consolidated revenue in August was a record high of 111 million yuan.

The legal person said that due to the impact of the Mid-Autumn Festival in September, the number of working days in the month was originally small. In addition, due to the arrival of the 11-day holiday, the customer will pull the goods one week ahead of schedule. It is estimated that the revenue in September will decline from the previous month. The 100 million yuan level defends the battle.

Reddick continues to be optimistic about the development of the LED lighting market. Although the monthly revenue may be ups and downs due to shipment performance, the quarterly growth trend of revenue will not change, compared with the combined revenue of 310 million yuan in the second quarter. The third season will still grow slightly.

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