April 11, the LED grain factory Thai Valley shareholders will be held, chairman Ye Yinfu 4NT per share, burned in 2011 Thai Valley apologize to shareholders, but also benefit from the traditional peak season, t5 high bay, Thai Valleyquarter than in the first quarter. He also revealed that Thai Valley adjust the target time is about 14 months or 2012 Thai Valleyadjustment year.
Billion light by the end of July 2011, just entered the Thai Valley, Yeyin Fu said that theThai Valley last year increased due to the Chinese mainland supply, reduceddownstream demand, the LED grain prices have fallen, t5 high bay, plus before the management team is weak and other factors, resulting in the second half of fiscal reported poor. He said that the new management team is actively improve hoped to Thai Valley constitutionchange, technology upgrading.
Capacity utilization for the public was concerned, Ye Yinfu think too much emphasis oncapacity utilization, led high bay may cause the inventory problem, he more emphasis on the yield andrate of turnover, which yield is the proportion of products to meet customer needs. In addition, he pointed out that before the Thai Valley inventory turns of approximately more than 100 days, t5 high bay, has now dropped to just under 90 days.
Thai Valley in March revenue rose to NT $ 173 million, representing a growth of 30.9 percent compared with February, accumulated for the first quarter revenue of about NT $441 million, but still a decrease of 40.6 percent over the same period in 2011. Yeyin Fusaid then still further efforts.
Yeyin Fu pointed out that Europe and the United States economy than expectedimprovement in industry performance may be expected will tend to be flat, but that does not fall into recession in 2012. t5 high bay, However, 2,3-quarter has been the traditional peak season of the LED Lights operating performance quarter by quarter is expected to grow.
Thai Valley general manager Chen Song, has received orders from the backlight in the first quarter of the second quarter orders force more robust, while the LED grainquotations decline has slowed down, the second quarter of approximately only than thefirst quarter, t5 high bay, slightly down 1 ~ 5%.